MarketPR
Crypto analyst JD posted a chart of the $XRP/$BTC trading pair spanning 2013 through 2026 on June 8, arguing that XRP's history against Bitcoin is a textbook cycle of sharp pumps followed by sharp dumps — a pattern he says has funneled liquidity from XRP market participants into the hands of larger $BTC holders.
Despite that bleak historical read, JD's chart also highlights a multi-year symmetrical triangle that he says could produce a significant move for $XRP if it breaks to the upside.
A Decade of Recurring Cycles JD's chart, shared on X, marks several distinct "pump" phases — periods of rapid upward price movement in the $XRP/$BTC pair — and the corresponding "dump" phases that followed each surge.
He tracked these cycles across more than a decade of trading history, using labeled highs and lows to illustrate what he views as a consistent structural pattern.
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