Crypto analyst Kyle Chasse has given his price predictions for different crypto tokens. His price targets for Dogecoin (DOGE) and XRP were eye-catching, considering the heights he expects these coins to reach.
Dogecoin To $2 And XRP To $3
Chasse mentioned in an X (formerly Twitter) post that Dogecoin will climb to $2 and XRP to $3. His prediction for Dogecoin stands out given that other crypto analysts like Altcoin Sherpa have predicted that $1 is the highest level the crypto token can attain in this bull run. As such, Chasse’s prediction undoubtedly increases expectations for the meme coin in this cycle.
Interestingly, Chasse’s prediction for Dogecoin still feels conservative, considering that crypto analyst Kevin (formerly Yomi OG) predicted that the meme coin could rally above $3 in this bull run based on its price action in previous bull markets. Unlike Chasse and Kevin, some are still skeptical of Dogecoin even rising to just $1.
One of them is Pav Hundal, lead analyst for Australian exchange Swyftx, who explained why Dogecoin might not reach $1, stating that some bought the meme coin at the peak of the last bull and would want to take profits as soon as Dogecoin hits a new all-time high (ATH). He believes this category of investors can add significant selling pressure, affecting Dogecoin’s journey to $1.
Meanwhile, Chasse’s prediction of XRP rising to $2 looks more conservative than ambitious, given other price predictions for the crypto token made so far. For instance, crypto analyst Ash Crypto predicts that XRP will reach as high as $5 in the next 12 to 16 months, while crypto analyst CrediBULL Crypto claims that XRP can rise as high as $20.
Crypto analyst Egrag Crypto is the most bullish of these analysts. He predicts that XRP can climb to $27 in this bull run. Egrag noted that the price target is feasible given XRP’s parabolic run in 2017, when it saw a 61,000% gain in 280 days.
Price Predictions For Other Crypto Tokens
Chasse also outlined his price targets for other major crypto tokens, including Bitcoin. He expects the flagship crypto to reach $150,000 at the peak of this bull run. Chasse shares a sentiment similar to that of Tom Lee, co-founder of research firm Fundstrat, who predicts that Bitcoin will surge to $150,000 by year-end.
Meanwhile, Chasse predicts that Ethereum will climb to $9500, another conservative prediction since crypto analysts like Mikybull Crypto predict that the second-largest crypto will climb to $20,000 in this bull run. Cardano also made Chasse’s list, with the crypto analyst predicting it would rise to $7. Chasse joins a growing list of crypto analysts who have made bullish predictions for Cardano despite its unimpressive price action.
DOGE price at $0.14 | Source: DOGEUSDT on Tradingview.com
Featured image from Securities.io, chart from Tradingview.com
