The XRP price has rebounded from a recent low, rising about 4% compared to yesterday's low, showing stability after a slight correction. The overall trend remains cautious, but new indicators suggest that the downward momentum is weakening.
As the issuer of XRP has taken a step closer to regulatory bank status, the key holders' continued buying will be crucial to confirm a real trend reversal.
Whale large accumulation…bullish divergence
On the daily chart, XRP's price showed bullish divergence between December 1 and December 12. During this period, the price recorded lower lows, while the RSI (Relative Strength Index) made higher lows. The RSI is an indicator that measures momentum, and this pattern is often observed when selling pressure weakens before a rebound.
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This pattern has already led to a rebound, but what is more noteworthy is the movement of the whales. Two groups of the largest XRP holders have already begun to react.
The number of wallets holding more than 1 billion XRP increased from 25.36 billion to 25.42 billion on December 9. At the same time, wallets holding 100 million to 1 billion XRP stopped selling and increased from 8.08 billion to 8.15 billion as of December 11.
These two groups have collectively accumulated an additional approximately 130 million XRP. Based on the current price, this amounts to about $265 million. This shows that the largest holders are not just observing the divergence but are actively responding.
Timing is also important. Ripple has recently taken a step closer to obtaining a bank license in the U.S. As a result, the long-term institutional investment narrative is being strengthened. This regulatory environment bolsters the buying pressure from whales at the current price.
XRP reversal sustained decision price range
To maintain the validity of the bullish divergence, further increases in XRP's price are necessary. The most important first level is $2.11. If the daily closing price finishes above $2.11, it indicates a 3.72% increase compared to the current price, confirming that the buying pressure is regaining control in the short term. XRP has not maintained above $2.11 since the beginning of December.
If this range is broken, the next resistance is located at $2.21. The price must be maintained steadily above $2.21 for the structure to shift to a definitive bullish trend, opening the path for further increases to $2.58 or higher.
There is also a clear possibility of decline. If XRP's price falls below $1.96 and the RSI weakens, the bullish divergence will be invalidated. In this case, $1.88 will be exposed first, and if selling pressure intensifies, it could fall to $1.81.
At this point, the structure is positive but not yet complete. Momentum indicators are improving, and the whales have already responded once. For this reversal pattern to be fully realized, large holders need to engage in continuous additional accumulation rather than just short-term reactions.
