Bitcoin is already charting its own price path, trading high on the radar as we speak. The token is currently sitting at a new price spot of $104K after briefly touching a new ATH of $106K. The token is already in a “parabolic zone,” as predicted by cryptocurrency analysts, and may soon touch the $110K mark by the end of 2024. If this prediction materializes, it could propel these three coins to soar high on the radar.
Also Read: Charles Hoskinson Unveils Cardano’s Game-Changing Plans Through 2025
Top 3 Cryptocurrency Coins That May Surge Alongside Bitcoin
1. Ripple (XRP)
Source: Ajaib Kripto
XRP is currently one of the trending crypto tokens that is brewing a lot of new developments. The token’s new RLUSD stablecoin is all set to be launched and is on track to help elevate XRP popularity to new highs. At the same time, the US political change is favoring the crypto domain, with a new pro-crypto SEC chair, Paul Atkins, set to take the lead from January 2025. This change may propel new highs for XRP as it may finally put a stop to the years-long Ripple-SEC legal spat, ushering in a new wave for XRP to bank on.
Per CoinCodex, XRP may surge to hit a new high of $2.65 by February 2025.
Source: CoinCodex
2. Ethereum (ETH)
Source: Unsplash
Ethereum is already sparking a spectacular price run as the token awaits a strong price push in the process. Per Ali Martinez, on-chain metrics for Ethereum are showing signs of progression. ETH active addresses are up 4.24%, while the token’s new addresses have noted an uptick of 2.65%.
Per CoinCodex, Ethereum may hit a high of $4,425 by January 15, 2025.
Source: CoinCodex
“According to our current Ethereum price prediction, the price of Ethereum is predicted to rise by 11.33% and reach $ 4,425.61 by January 15, 2025. Per our technical indicators, the current sentiment is Bullish while the Fear & Greed Index is showing 83 (Extreme Greed). Ethereum recorded 15/30 (50%) green days with 8.14% price volatility over the last 30 days. Based on the Ethereum forecast, it’s now a good time to buy Ethereum.”
Also Read: BTC As Digital Gold: Will Bitcoin Outshine Gold In The Long Run?
3. Dogecoin (DOGE)
Source: Watcher Guru
The Tesla chief, Elon Musk’s close association with Dogecoin cryptocurrency and the fact that Musk is all set to run the official DOGE department are pivotally driving the token’s value up a notch. Dogecoin may gain significant price momentum if Bitcoin’s price goes up, as it’s one of the leading meme coins, closely linked with Musk. The rumors of Musk adding Doge as an effective payment on X are also gaining immense traction, ultimately inflating the token’s value in the process.
Per CoinCodex, DOGE may hit the $0.89 price mark by March 2025.
Source: CoinCodex
Also Read: Could Trump’s Bitcoin Reserve Outflank Russia in the Global Crypto War?
