What does MDIA tell us about the upcoming trends of XRP, DOGE and BTC?

After a turbulent correction, the cryptocurrency market has found some calm and prices are stabilizing. Meanwhile, the average dollar investment age quietly points to increased network activity, often seen as a precursor to extended bullish trends.

Despite a market-wide pullback this week, the average dollar investment age (MDIA), an often overlooked crypto metric, indicates potential bullish momentum in key assets.

Bitcoin’s MDIA has fallen 31% over the last 60 weeks, currently standing at 439 days. XRP’s MDIA is down 22% in just 14 weeks, now at 865 days. Meanwhile, Dogecoin shows the steepest decline, with its MDIA falling 31% to 370 days over the past eight weeks. This downward trend in MDIA highlights the growing activity of dormant portfolios, particularly those of large shareholders, as older coins re-enter circulation.

Historically, this trend has preceded sustained bull markets, with similar patterns seen before the 2017 and 2021 rallies. While short-term price fluctuations are inevitable, this metric gives confidence to the medium- and long-term bullish outlook for the crypto market. .

“Inactive coins are still moving aggressively, validating that the long-term bull market is still active… especially for Bitcoin, XRP, and Dogecoin.”

What’s next for Bitcoin and Dogecoin?

The MDIA figures follow a period of significant turmoil for Bitcoin, marked by billions of dollars in liquidations. However, the wave of retail selling during this period coincided with aggressive institutional buying, especially by US investors, indicating bullish sentiment despite the cryptocurrency trading below the coveted $100,000 mark.

Meanwhile, Dogecoin is trading near $0.42 after a 4% rise over the past day. Experts suggest that the OG meme coin could finally start an uptrend following the latest pullback.

Prominent crypto analyst Ali Martínez, for his part, has shared an optimistic outlook on Dogecoin’s bull cycle, suggesting that it is still in its early stages. He said the base target remains at $3 and a more ambitious projection of $18 if market conditions become extraordinarily bullish.

What will drive XRP?

According to Arthur Azizov, CEO of B2BINPAY, obtaining final approval from the New York State Department of Financial Services to launch RLUSD is a game-changer. This could potentially attract even greater investor interest in XRP. In a conversation with cryptopotatosaid the executive,

“RLUSD is already considered a potential competitor to USDT and USDC. If, as planned, RLUSD is issued on the XRP Ledger, it could provide an additional boost to XRP’s growth. Ripple’s distributed ledger technology is becoming increasingly recognized by banks and financial institutions, driving new partnerships and growing demand for its solutions. Given Ripple’s track record and XRP’s potential, I anticipate that XRP could trade within the $5 to $7 range during the first half of 2025.”