Bullish sentiment is at its peak and crypto market participants are projecting a continued upside for the Dogecoin pice in the coming weeks and months. According to crypto analyst Ash Crypto, the crypto market is going to continue on this run into the next six to twelve months. Notably, he projects the Bitcoin price reaching between $150,000 and $250,000 in the next six to 12 months, with the Ethereum price also climbing to highs between $10,000 and $15,000 

However, his projection extends beyond these prominent cryptocurrency heavyweights. Most notable is the Dogecoin price prediction of $3, XRP to $5, and PNT to $5.

Interesting Price Targets For Dogecoin Price, XRP, And PNUT

Ash Crypto shared an optimistic outlook on 16 cryptocurrencies with his 1.2 million followers on social media platform X, all with seemingly ultra-bullish price targets. Although the bullish outlook wasn’t accompanied by a technical analysis, it resonates with a currently bullish crypto community.

Unsurprisingly, Dogecoin, who has been on a crazy surge in the past four weeks, made the cut. At the time of writing, Dogecoin has surged by 235% in the past 30 days, currently trading around $0.39, and reached as high as $0.4289 within the last 24 hours. Interestingly, Ash Crypto believes this surge will continue into the next six to twelve months, with the Dogecoin price reaching between $1 and $3. Achieving this range would signify gains of 133% to 600% from the current price.

One of the more intriguing predictions focused on Peanut the Squirrel (PNUT), a relatively new entrant in the cryptocurrency market. Newly launched on the Solana blockchain, PNUT has quickly established itself as a standout performer. Within 48 hours of its Binance listing, PNUT’s market cap surged past the $1 billion mark, making it one of the fastest-growing assets in this cycle. 

At the time of writing, PNUT is trading at $2.05, having surged by 3,785% in 30 days. Ash Crypto has projected PNUT’s price could climb to a range of $3 to $5 within the next six to twelve months. However, given its current trajectory and rapid price gains, it’s possible that these targets could be achieved sooner before the end of the year.

Pivoting to XRP, which is currently trading at $0.6885, Ash Crypto highlighted an XRP price range of $3 to $5 in the next six to 12 months. This would see the XRP price finally breaking past its $3.40 all-time high that has held on for the past seven years.

Other Notable Price Targets

Other predictions for the next six to 12 months are BNB between $900 and $1,400, SOL between $450 and $800, DOT between $50 and $120, APT between $60 and $100, SUI between $6 and $8, LINK between $250 and $500, AVAX between $200 and $300, ICP between $120 and $160, INJ between $180 and $250, TIA between $100 and $150, and MANTA between $30 and $70.

Featured image created with Dall.E, chart from Tradingview.com

XRP price has grown substantially, reaching a six-month high of $0.83, spurred by favorable regulatory developments and heightened investor sentiment. The recent announcement of a potential resignation by SEC Chair Gary Gensler has fueled optimism within the crypto sector. This is because investors anticipate a more favorable regulatory environment under new leadership.

XRP Price Hits Six-Month High Amid Gary Gensler’s Resignation Speculation 

XRP price has surged by 20% in the last 24 hours, reaching $0.8, reflecting a notable shift in market sentiment. This rise is fueled by growing optimism about regulatory changes that could benefit Ripple and XRP. The potential resignation of SEC Chair Gary Gensler has spurred positive expectations within the cryptocurrency sector. Investors speculate on a more crypto-friendly regulatory approach under the new Trump leadership. 

Ripple, the organization behind XRP, has faced longstanding regulatory challenges with the SEC, and Gensler’s exit could pave the way for a more favorable stance. The resignation speculation comes amid heightened interest in XRP, with investors showing renewed enthusiasm. 

In addition,  XRP price rally coincides with a favorable ruling for Ripple in its ongoing XRP lawsuit. In a recent decision, a U.S. court granted Ripple Labs and its CEO, Brad Garlinghouse, a judgment and stay on class claims filed against them. This ruling reflects a legal victory for Ripple and its executives, allowing them to move toward a final resolution while temporarily halting specific claims. 

Ripple’s win in this phase of the litigation has lifted market sentiment, signifying the weakening of the SEC’s arguments against XRP as an unregistered security. The court’s decision effectively supports Ripple’s claim that XRP transactions on secondary markets do not qualify as securities offerings, a stance that could further boost XRP price gains.

Whale Movements Signal Potential Accumulation

In a parallel development, substantial XRP whale activity has been observed, adding further intrigue to the XRP price movement. A transfer of 105 million XRP tokens, valued at approximately $76.5 million, was executed from Binance to an unknown wallet. Such large-scale transfers are signs of potential accumulation, indicating that investors are holding XRP for longer-term gains.

The movement of XRP from exchanges to private wallets reduces its immediate availability for trading, which can amplify upward price pressure if demand continues to grow. This reduction in liquid supply, combined with the favorable regulatory development could set XRP price for further upward momentum.

At press time, Ripple stands at $0.83, marking a 21.70% surge over the past 24 hours. This rally has pushed its market cap to $47.45 billion, followed by increased trading volume, now at $8.04 billion. According to the latest XRP prediction, the Ripple token may rally to $1.5 after breaking out from a 40-month symmetrical triangle.

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Ronny Mugendi

Ronny Mugendi is a seasoned crypto journalist with four years of professional experience, having contributed significantly to various media outlets on cryptocurrency trends and technologies. With over 4000 published articles across various media outlets, he aims to inform, educate and introduce more people to the Blockchain and DeFi world. Outside of his journalism career, Ronny enjoys the thrill of bike riding, exploring new trails and landscapes.

Disclaimer: The presented content may include the personal opinion of the author and is subject to market condition. Do your market research before investing in cryptocurrencies. The author or the publication does not hold any responsibility for your personal financial loss.