As the year draws to a close, the cryptocurrency market is gearing up for a promising conclusion in 2024. Following the U.S. elections in early November, the landscape for cryptocurrency enthusiasts has significantly improved, bolstered by Trump’s unexpected victory, which has raised hopes for the first two quarters of the upcoming year. What price forecasts can we expect for XRP Coin, HBAR, Solana $214, and CEEK Coin before the year ends?
Predictions for XRP Coin and HBAR
Some experts suggest that the approval of the HBAR ETF might precede that of XRP Coin. However, Ripple $2 possesses various price supporters. If the new SEC administration decides to ease the burden on XRP Coin investors by retracting the case by the end of January, it would not be a major surprise.
Indeed, the SEC’s new team finds cryptocurrency cases, apart from fraud, unnecessary. With this news, the price of XRP Coin could initiate a rapid gain series next year, and the speculation about ETF approval could act as a catalyst. While a new annual peak for XRP Coin is not anticipated before year-end, it could focus on targets above $3, depending on reactions to closures above $2.72 and $2.92.
Long upper wicks indicate that levels near $3 may represent good points for profit-taking for XRP Coin investors. A reversal will require the aforementioned SEC support.
The price of HBAR has surged 9.4 times over the last 28 days. Although profit-taking around $0.38 has led to a fall back to the $0.275 support level, ongoing consolidation at higher levels remains positive.
Additionally, rumors about an upcoming ETF approval are increasing demand. In a potential sharp downturn, $0.201 may be tested. Conversely, if a recovery starts and BTC opens space for altcoins before year-end, targets of annual peaks and then $0.45 may be aimed for.
Predictions for Solana (SOL) and CEEK Coin
SOL Coin attracts buyer interest within the range of $211 to $203. However, it struggles to maintain higher levels. One reason for this is that while interest peaked throughout the year, other altcoins are now starting to draw volume. Although Solana experienced a notable rise this year, it currently stagnates above $200.
Soon, we may see attempts above $260, as activity on the Solana network remains vibrant, and four-digit prices are being discussed for SOL Coin in this cycle.
CEEK Coin has not been performing as expected due to waning excitement in the metaverse space, leading to a significant loss of investor confidence in the project. Those pursuing speculative trading may target peaks between $0.05713 and $0.07085 with closures above $0.04443.