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‘Buy XRP’ Searches Spiking. Is This Ominous Sign?
According to data provided by Google Trends, there has been a significant spike in search interest for the query "buy XRP" over the past week
Global search interest currently stands at 33 out of 100 on a five-year scale
This is far from the peak that was recorded in December 2024, but it is still the highest level of search interest that the token has seen in months
The massive spike in search interest might seem bullish at first glance, but it could also be seen as a top signal based on historical data
Interest in buying XRP was consistently low from mid-2022 through most of 2023. This was the time to buy the token
However, when queries of the likes of "buy XRP" see a significant spike in search interest, this means that gains are likely priced in