XRP (XRP) Market Analysts Anticipate Extended Bull Run as Bitcoin Dominance (BTC.D) Shifts

Market analysts are closely monitoring XRP’s price trajectory as its recent rally raised discussions about a potential extended bull run.

As XRP's recent rally sparks discussions of an extended bull run, market analysts are keeping a close eye on Bitcoin dominance (BTC.D) shifts to gauge the token's future price movements.

In January 2025, XRP reached $2.45, marking a significant recovery that has revived investor optimism. While the token's recent gains are impressive, cryptocurrency analyst Dom suggests that the true price surge might still be forthcoming, based on historical market trends.

Bitcoin dominance, which measures Bitcoin's market share relative to the entire cryptocurrency market, is considered a key indicator for altcoin performance. Historically, significant drops in BTC.D have corresponded with periods of substantial growth for altcoins like XRP.

According to Dom's analysis, during the last two market cycles, BTC.D decreased by approximately 30%, leading to asset price increases exceeding 1,000%. In contrast, the current market cycle has only seen a modest 5% decline in BTC.D, suggesting the potential for further altcoin price appreciation if Bitcoin dominance falls further.

Despite the relatively small decline in BTC.D, XRP has already achieved a remarkable 500% price increase since November 2024. The analyst believes this rally may be the early stage of a more substantial upward trend, driven by new capital entering the market.

The concept of “altcoin season” refers to a market phase where altcoins outperform Bitcoin, typically coinciding with a decline in Bitcoin dominance. Analysts are now anticipating the start of such a season, especially as BTC.D decreases gradually.

XRP's recent performance has fueled these expectations. In November 2024, the token surpassed the $1 mark for the first time in three years. This occurred despite Bitcoin dominance remaining high at around 58%. Dom described this as an anomaly, noting that the token's growth usually aligns with a significant BTC.D drop.

As we covered earlier this year, XRP finally managed to break through the $1 resistance level in November, reaching highs of around $1.08. At the time, many analysts expected this occurrence to coincide with a large decrease in Bitcoin Dominance (BTC.D). However, to the surprise of many, this rally occurred while BTC.D remained relatively high, at approximately 58%.

Now, as Bitcoin dominance continues to fall slowly, market observers are optimistic that it will create favorable conditions for altcoins. Another prominent analyst, Michaël van de Poppe, has highlighted the potential for significant altcoin gains during this phase. He attributes the current market strength to reduced regulatory uncertainty and the broader bullish momentum within the crypto market.

In his analysis, van de Poppe emphasizes the importance of Bitcoin's resilience during the extended bear market, which he believes positions the asset for substantial gains in the coming months. This optimism bodes well for altcoins, as their performance tends to amplify during bull cycles.

As of this writing, XRP is trading at $2.43, reflecting a 10.77% increase over the past week. Analysts remain optimistic about its continued upward trajectory, particularly if Bitcoin dominance experiences further declines.

In conclusion, the token’s performance demonstrates its capacity for substantial growth, even in the early stages of market shifts. Analysts expect the combination of declining Bitcoin dominance and increased market participation to soon drive significant opportunities for altcoin investors.

This content is meant to inform and should not be considered financial advice. The views expressed in this article may include the author’s personal opinions and do not represent Times Tabloid’s opinion. Readers are urged to do in-depth research before making any investment decisions. Any action taken by the reader is strictly at their own risk. Times Tabloid is not responsible for any financial losses.

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