{"id":19326,"date":"2025-03-27T09:46:59","date_gmt":"2025-03-27T09:46:59","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=19326"},"modified":"2025-03-27T09:46:59","modified_gmt":"2025-03-27T09:46:59","slug":"like-doge-xrp-going-vertical-is-a-good-indicator-of-market-froth-bitcoin-peaks","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=19326","title":{"rendered":"Like DOGE, XRP Going Vertical Is a Good Indicator of Market Froth, Bitcoin Peaks"},"content":{"rendered":"<div>\n<p>Crypto traders are used to seeing a price surge in non-serious cryptocurrencies such as dogecoin (<a href=\"https:\/\/www.coindesk.com\/price\/dogecoin\/\" target=\"_blank\">DOGE<\/a>) as a <a href=\"https:\/\/x.com\/0x278\/status\/1559657239824150528\" target=\"_blank\">sign of market froth<\/a>. Now it looks as though <a href=\"https:\/\/www.coindesk.com\/price\/xrp\" target=\"_blank\">XRP<\/a>, the payments-focused cryptocurrency, can also be used as an indicator for bull-market peaks in bitcoin (<a href=\"https:\/\/www.coindesk.com\/price\/bitcoin\/\" target=\"_blank\">BTC<\/a>).<\/p>\n<p>Unlike meme tokens like DOGE and shiba inu (<a href=\"https:\/\/www.coindesk.com\/price\/shiba-inu\/\" target=\"_blank\">SHIB<\/a>), XRP  has utility. It is used by Ripple to facilitate cross-border transactions, which places it in a bucket different from the memecoins.<\/p>\n<p>Even so, since 2017, XRP has been a contrary indicator for bitcoin bulls, tending to rally\u2014 often soaring several hundred percent in a short time \u2014 in the final stages of BTC bull runs, marking the point at which bitcoin ultimately peaked.<\/p>\n<p><img decoding=\"async\" src=\"https:\/\/cdn.sanity.io\/images\/s3y3vcno\/production\/b21e24b3024aa2080b7f38e8da30880f4cb2ace9-2352x968.png?auto=format\" alt=\"\"><\/p>\n<p>XRP experienced a remarkable 10-fold rally from December 2017 to early 2018, coinciding with bitcoin&#8217;s peak at around $20,000, before entering a bear market that lasted almost  a year.<\/p>\n<p>A similar near-vertical spike in XRP occurred in early 2021, marking the peak of another bull market in bitcoin. And XRP&#8217;s surge of approximately 240% in late 2024 foreshadowed bitcoin&#8217;s bull market peak above $109,000, followed by a decline below $80,000.<\/p>\n<p>As the saying goes: &#8220;Once is happenstance, twice is a coincidence, and three times is a trend.&#8221;<\/p>\n<p>The next time BTC is running hot, savvy traders may want to keep an eye on XRP for potential signals regarding the end of the bull run.<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Crypto traders are used to seeing a price surge in non-serious cryptocurrencies such as dogecoin (DOGE) as a sign of market froth. Now it looks as though XRP, the payments-focused cryptocurrency, can also be used as an indicator for bull-market peaks in bitcoin (BTC). Unlike meme tokens like DOGE and shiba inu (SHIB), XRP has [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"iawp_total_views":0,"footnotes":""},"categories":[2],"tags":[3,4,5],"class_list":["post-19326","post","type-post","status-publish","format-standard","hentry","category-news","tag-crypto","tag-doge","tag-news"],"_links":{"self":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/19326","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=19326"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/19326\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=19326"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=19326"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=19326"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}