What does MDIA tell us about upcoming XRP, DOGE and BTC 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 higher net activity, often seen as a precursor to extended bullish trends.

Despite a market-wide pullback this week, the Mean Dollar Invested Age (MDIA), an often-overlooked crypto metric, indicates potential upside momentum in key assets.

Bitcoin’s MDIA has fallen 31% over the past 60 weeks, currently sitting at 439 days. XRP’s MDIA has declined 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 the increased activity of dormant wallets, especially those of large stakeholders, as older coins re-enter circulation.

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

“Latent coins continue to move aggressively, long-term bull market validation is still active…especially for Bitcoin, XRP and Dogecoin.”

What’s Next for Bitcoin and Dogecoin?

The MDIA figures follow a period of significant turbulence for Bitcoin, marked by billions of dollars in liquidations. Retail selling during this period, however, coincided with aggressive institutional buying, especially by US investors, which indicated bullish sentiment despite the crypto trading below the coveted $100,000 mark.

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

Prominent crypto analyst Ali Martinez, for example, has shared an optimistic view on Dogecoin’s bull run, 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 turn extraordinarily bullish.

What will drive XRP?

According to Arthur Azizov, CEO of B2BINPAY, getting final approval from the New York State Department of Financial Services to launch RLUSD is a game changer. This could attract even more interest from investors in XRP. In a conversation with CryptoPotato, the executive said:

“RLUSD is already seen as a potential competitor to USDT and USDC. If, as planned, RLUSD is issued on the XRP Ledger, it could give additional impetus to the growth of XRP. Ripple’s distributed ledger technology is increasingly being 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 between 5 and 7 dollars during the first half of 2025.

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