Cryptographic merchants are accustomed to seeing an increase in cryptocurrency prices not serious such as Dogecoin (Doge) as a sign of the market foam. Now it seems that XRP, the cryptocurrency centered on payments, can also be used as an indicator of bull market peaks in Bitcoin (BTC).
Unlike memes tokens such as Doge and Shiba Inu (Shib), XRP is useful. Ripple uses to facilitate cross -border transactions, which places it in a different cube of memecoras.
Even so, since 2017, XRP has been an opposite indicator for Bitcoin bulls, which tends to recover, often flying to several hundred percent in a short time, in the final stages of BTC bull races, marking the point where Bitcoin finally reached its maximum point.
XRP experienced a remarkable rally 10 times from December 2017 to the beginning of 2018, coinciding with the Bitcoin peak in around $ 20,000, before entering a bearish market that lasted almost a year.
A similar almost vertical peak in XRP occurred at the beginning of 2021, marking the peak of another upward market in Bitcoin. And the increase in XRP of approximately 240% at the end of 2024 foreshadowed the maximum of Bitcoin’s Bull Market above $ 109,000, followed by a decrease below $ 80,000.
As the saying goes: “Once it is a coincidence, it is twice a coincidence, and three times it is a trend.”
The next time BTC is executing hot and intelligent merchants, they may want to monitor XRP for possible signs with respect to the end of the execution of the bull.