Shiba Inu (SHIB) and Ripple (XRP) are the leading cryptocurrency tokens currently performing well in the market. As Bitcoin continues to soar past $94K, the market is ushering in new gains, with the price of SHIB and XRP also moving. Will these two tokens be able to claim a new high before the end of this month? Let’s find out.
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Shiba Inu Price Forecast: Will It Claim A New ATH?
Image Source: Watcher Guru
Shiba Inu is currently at $0.00002452, up 0.25% in the last 24 hours. The token is doing fairly well, considering the market momentum. SHIB is up 31% in the last month and has noticed a stellar 187% growth in the last year. Per Lucie, Shiba Inu’s marketing lead, the SHIB Ecosystem is currently busy exploring new projects, including the much-awaited Doggy DAO and SHI Stablecoin, to keep the influx stable and prospering soon.
The ecosystem is also busy building SHIB Marketplace, SHIB DeFi, and SHIB Socials as core system projects to ensure SHIB’s long-term success.
As November ends, the price of SHIB may hit a new high of $0.00003232 by the end of this month, 2024.
Image: CoinCodex
By mid-December, SHIB may once again stabilize to claim the $0.00002474 price mark.
Image: CoinCodex
“According to our current Shiba Inu price prediction, the price of Shiba Inu is predicted to rise by 2.85% and reach $0.00002474 by December 20, 2024. Per our technical indicators, the current sentiment is bullish while the Fear & Greed Index is showing 83 (extreme greed). Shiba Inu recorded 15/30 (50%) green days with 17.11% price volatility over the last 30 days. Based on the Shiba Inu forecast, it’s now a good time to buy Shiba Inu.”
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Ripple (XRP) Price Forecast
Source – CryptoRank
XRP is also on the move as Bitcoin soars past predicted timelines. The token is welcoming a new wave of change as it recently hit a new price mark of $1. As the Ripple ecosystem continues to forge global partnerships, the price of XRP is also expected to rise consistently on the radar. With the Trump regime supporting the crypto domain and the president-elect vowing to eliminate Gensler as US SEC chair, XRP holds ambitious prospects of hitting a new high very soon.
Per CoinCodex, XRP may hit a new price mark of $1.43 by the end of this month, 2024.
Image: CoinCodex
According to CC, the token can claim a new price level of $1.25 by mid-December, stabilizing a little in the process.
Image: CoinCodex
“According to our current XRP price prediction, the price of XRP is predicted to rise by 14.50% and reach $1.253745 by December 20, 2024. Per our technical indicators, the current sentiment is bullish while the Fear & Greed Index is showing 83 (extreme greed). XRP recorded 18/30 (60%) green days with 30.67% price volatility over the last 30 days. Based on the XRP forecast, it’s now a good time to buy XRP.”
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