What Does MDIA Tell Us About XRP, DOGE, and BTC’s Upcoming Trends?

After a turbulent correction, the cryptocurrency market has found some calm, with prices stabilizing. Meanwhile, the Mean Dollar Invested Age is quietly pointing to heightened network activity, often seen as a precursor to extended bullish trends.

Despite a market-wide retracement this week, the Mean Dollar Invested Age (MDIA) – an often-overlooked crypto metric – signals potential bullish momentum across key assets.

Bitcoin’s MDIA has dropped 31% over the past 60 weeks, currently standing at 439 days. XRP’s MDIA has decreased by 22% in just 14 weeks, now at 865 days. Meanwhile, Dogecoin shows the sharpest decline, with its MDIA falling 31% to 370 days over the past eight weeks. This downward trend in MDIA highlights increasing activity from dormant wallets, particularly those of large stakeholders, as older coins re-enter circulation.

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

What’s Next For Bitcoin and Dogecoin?

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

What’s Going to Drive XRP?

“Already, RLUSD is being viewed as 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 increasingly being recognized by banks and financial institutions, driving new partnerships and a growing demand for its solutions. Given Ripple’s trajectory and the potential of XRP, I anticipate that XRP could trade within the range of $5 to $7 during the first half of 2025.”