XRP Surge Signals Potential Bitcoin Market Peak According to Traders
Crypto traders observe that XRP can indicate potential peaks in BTC bull markets, similar to how meme tokens like DOGE signal market froth.
- XRP serves utility in facilitating cross-border transactions via Ripple.
- Since 2017, XRP often rallies significantly during the final stages of BTC bull runs.
- Notable spikes include a 10-fold increase from December 2017 to early 2018, coinciding with BTC's peak around $20,000.
- In early 2021, XRP surged as BTC peaked again, and a 240% rise in late 2024 preceded BTC's peak above $109,000.
Traders may monitor XRP as a potential signal for the end of future BTC bull runs.