XRP’s Sharp Surge, Like DOGE, Signals Market Speculation and Bitcoin Peaks

Since 2017, XRP has frequently experienced sharp price increases during the final phases of Bitcoin bull markets, often aligning with Bitcoin’s peak before a downturn.

Key Points to Know:

• XRP, a cryptocurrency designed for cross-border payments, has historically surged during the final phases of Bitcoin bull runs, often signaling BTC's peak.

• Major XRP rallies aligned with Bitcoin’s peaks in 2017 and 2021, while a surge in late 2024 preceded Bitcoin reaching its bull market high above $109,000.

Crypto traders often view price surges in speculative assets like Dogecoin (DOGE) as a signal of excessive market optimism. Now, XRP—a cryptocurrency designed for cross-border payments—appears to serve a similar role in identifying Bitcoin (BTC) bull-market peaks.

Unlike meme tokens such as DOGE and Shiba Inu (SHIB), XRP has real-world utility, as it is used by Ripple to facilitate international transactions, distinguishing it from purely speculative assets.

Despite its utility, XRP has historically acted as a counter-indicator for Bitcoin bull markets since 2017, often experiencing rapid surges of several hundred percent during the final phases of BTC rallies, coinciding with Bitcoin’s peak.

XRP vs BTC price comparison since 2017. (TradingView)

XRP saw an impressive 10-fold surge between December 2017 and early 2018, aligning with Bitcoin’s peak near $20,000 before both entered a prolonged bear market that lasted nearly a year.

A similar sharp surge in XRP took place in early 2021, coinciding with another Bitcoin bull market peak. Likewise, in late 2024, XRP’s 240% rally preceded Bitcoin’s rise above $109,000, followed by a drop below $80,000.

As the saying goes: "Once is happenstance, twice is a coincidence, and three times is a trend."

With this pattern emerging, savvy traders may start watching XRP closely during Bitcoin’s next major rally, using it as a potential signal for the end of a bull run.