The XRP price is recovering from recent low levels; it gained about 4% compared to yesterday's lowest point and found balance after a slight pullback. While the overall outlook remains cautious, new on-chain data suggests that downward pressure may be easing.
The issuer of XRP is getting one step closer to a regulated bank status, while the focus has now shifted to whether large investors are truly confirming the trend reversal.
Bullish Divergence: The Largest Whales Have Started Buying
In the daily chart, a bullish divergence occurred in the XRP price between December 1 and December 12. During this process, the price made a lower low while the Relative Strength Index (RSI) made a higher low. The RSI measures momentum, and this pattern generally indicates a decrease in selling pressure before a correction.
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This movement has already initiated a bounce. However, what makes the picture really interesting is whale behavior. The two largest investor groups in XRP have already started to take positions.
Wallets holding more than 1 billion XRP increased their assets from 25.36 billion XRP to 25.42 billion on December 9. At the same time, wallets with 100 million to 1 billion XRP ended their selling trend, raising their balance from 8.08 billion to 8.15 billion as of the moment the news was published.
As a result, these two groups have accumulated approximately 130 million XRP. At the current price, this means a net accumulation worth 265 million dollars. This also confirms that the largest investors are not just watching the divergence but have taken direct action.
Timing is also important. Ripple has recently come a step closer to obtaining a banking license in the US, strengthening its long-term institutional narrative. This regulatory development adds extra significance to the levels that whales are interested in.
Levels Determining the Permanence of the Turn in XRP Price
To maintain the validity of the bullish divergence, a continuing movement in the XRP price is needed. The first level to watch is $2.11. A daily close above this level represents a 3.72% increase from current prices and confirms that buyers have regained short-term control. XRP has not been able to hold above $2.11 since the beginning of December.
If this resistance is broken, the next critical barrier is at the $2.21 level. Only a sustained rise above $2.21 will indicate that the structure is entirely bullish and reopen the path to $2.58 and beyond.
The risks are clear below. If the XRP price falls below $1.96 and weakness is observed in the RSI, the bullish divergence loses its validity. In such a scenario, first $1.88, and then if sales accelerate, $1.81 can be targeted.
Currently, the picture is positive but not yet complete. There is improvement in momentum indicators, and whales have responded at least once. For this transformation to fully occur, it is essential for large investors to continue providing support instead of making short-term moves.
