The world of cryptocurrency is currently undergoing massive change. With Bitcoin climbing new price highs, the altcoin market is also gearing up to showcase some pretty high price milestones. Leading tokens Shiba Inu (SHIB) and Ripple (XRP) are no exception to this change. Let’s find out how both the tokens may perform by the end of October 2024.
Also Read: Uber Stock Trades Near All-Time High: Is it Worth Buying?
Shiba Inu Price Forecast
Shiba Inu is undoubtedly one of the central meme coins of the cryptocurrency world. The SHIB ecosystem is always up for embracing changes and constantly launches new products to tempt its users. With a SHIB stablecoin in the mix, the meme coin is already on its way to establishing its global market reputation.
According to CoinCodex, Shiba Inu’s price may surge 0.82% by the end of October, possibly reaching $0.00001854.
“According to our current Shiba Inu price prediction, the price of Shiba Inu is predicted to rise by 0.82% and reach $0.00001854 by November 16, 2024. Per our technical indicators, the current sentiment is bullish, while the Fear & Greed Index is showing 71 (greed). Shiba Inu recorded 16/30 (53%) green days with 11.10% price volatility over the last 30 days. Based on the Shiba Inu forecast, it’s now a good time to buy Shiba Inu.”
Also Read: Is Apple (APPL) the Best Stock in Warren Buffett’s Portfolio?
Ripple Price Forecast For October End
Ripple is another stellar cryptocurrency that has been making waves in the market. XRP is also embracing new changes, particularly in the domain of ETFs. Leading financial firms Canary and Bitwise have both filed to launch XRP ETFs, bolstering the token’s price prospects to reach a new high soon.
According to CoinCodex, XRP may surge by a notable 17% to hit a new mark of $0.644029 by the end of this month.
“According to our current XRP price prediction, the price of XRP is predicted to rise by 17.90% and reach $0.644029 by November 16, 2024. Per our technical indicators, the current sentiment is neutral, while the Fear & Greed Index is showing 71 (greed). XRP recorded 15/30 (50%) green days with 5.83% price volatility over the last 30 days. Based on the XRP forecast, it’s now a good time to buy XRP.”
Also Read: Trump’s US Dollar Tariff Plan May Push These 5 ASEAN Nations Away