Crypto merchants are used to seeing an increase in prices in non-serious cryptocurrencies such as Dogecoin (Doge) as a sign of market foam. Now it seems that XRP, the cryptocurrency focused on payments, can also be used as an indicator for bull market peaks in Bitcoin (BTC).
Unlike tokens even like Doge and Shiba Inu (Shib), XRP has a use. It is used by Ripple to facilitate cross -border transactions, which places it in a bucket different from the same.
Even thus, since 2017, XRP has been a contrary indicator for Bitcoin bulls, tending to rally – often arrows several hundred percent in a short time – in the last stages of BTC Bull Runs, marking the point to which Bitcoin has finally reached its peak.
XRP experienced a remarkable record from 10 times from December 2017 to early 2018, coinciding with the Bitcoin peak at around $ 20,000, before entering a lower market that lasted almost a year.
An almost vertical peak similar in XRP occurred at the beginning of 2021, marking the peak of another bull market in Bitcoin. And the rise of XRP of approximately 240% at the end of 2024 foreshadowed the Bitcoin Bitcoin peak over $ 109,000, followed by a drop below $ 80,000.
As the proverb says: “Once, it’s an event, twice is a coincidence and three times it’s a trend.”
The next time BTC is hot, experienced merchants may want to keep an eye on XRP for potential signals concerning the end of the bull race.
