As we approach the new year, activity in the cryptocurrency market is expected to increase with the end of the holiday week. Additionally, with Trump assuming office on January 20, there is an anticipation that interest in cryptocurrencies may rise. This article examines the potential dollar values for PEPE, DOGE, WIF, and XRP coins before the year concludes.
Analysis of PEPE and Dogecoin
PEPE Coin has experienced a significant drop from its peak of 0.00002829 dollars, currently hovering around 0.0000173 dollars. The altcoin market has seen losses exceeding 30% over the past 18 days, and PEPE Coin is no exception. Such losses are considered normal even during bullish periods in altcoins.
Previously, significant tests for PEPE Coin occurred between 0.00001674 and 0.00001567 dollars, with a potential bottom at 0.00001239 dollars should selling pressures persist. Weakness in ETH prices may lead to new double-digit losses in altcoins. Conversely, if BTC recovers its six-figure levels, PEPE could be set to retest the yearly high at 0.00002255 dollars.
Dogecoin 
$0.313524 (DOGE) has shown little reaction to recent posts by Elon Musk, currently priced at 0.313 dollars and experiencing an accelerated decline. The 0.30060 dollar level serves as a critical support point, and as long as this level holds, DOGE might test 0.36 dollars.
Insights on WIF and XRP Coins
WIF Coin maintains its support level at 1.88 dollars, although a drop below this threshold could see prices test 1.45 dollars. Weakness in BTC prices is likely to encourage deeper lows in this coin as well. In situations of excessive selling, WIF Coin could decline to levels around 1.397 dollars.
XRP Coin has also felt the impact of ongoing declines, moving towards levels not seen in the past 25 days. Influences from the holiday period and recent Federal Reserve announcements have negatively affected market sentiment. Should the decline continue, we might witness a retest of significant support at 1.79 dollars, following 1.97 dollars.
As of this writing, BTC prices linger around 95,669 dollars and have been hovering at the bottom for hours. Securing the 98,000 dollar level as the weekend approaches is crucial.
Disclaimer: The information contained in this article does not constitute investment advice. Investors should be aware that cryptocurrencies carry high volatility and therefore risk, and should conduct their own research.
