The price of XRP has recovered from recent lows, rising nearly 4% from yesterday's bottom and stabilizing after a small correction. The broader trend remains cautious, but the new indicator suggests that the downward sentiment may be weakening.
As the issuer of XRP moves closer to a regulated banking position, attention now shifts to whether the largest holders will continue buying to confirm a genuine change in direction.
Bullish divergence occurs when the largest whales begin to accumulate
In the daily chart, the price of XRP has shown bullish divergence between December 1 and December 12. Today the price made a lower low, but the Relative Strength Index (RSI) formed a higher low. RSI measures sentiment, and such a pattern is often seen when selling pressure weakens before a rebound.
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This setup has already triggered a small rebound, but what makes it particularly interesting is the behavior of large holders. The two largest groups of XRP holders have already begun to react.
Wallets holding over 1 billion XRP have increased their holdings from 25.36 billion to 25.42 billion after December 9. Meanwhile, wallets holding 100 million – 1 billion XRP have reversed their selling trend, rising from 8.08 billion to 8.15 billion as of December 11 and at the time of writing.
These two groups added a total of about 130 million XRP. At the current price, this corresponds to about $265 million in net inflow. This confirms that the largest holders are not just observing the divergence but are also acting on it.
Timing is also important. Ripple is getting closer to obtaining a banking license in the United States, which supports the company's long-term institutional narrative. This regulatory environment gives whales more weight at these levels.
The price levels of XRP that determine whether the rebound holds.
For the bullish divergence to remain valid, the price of XRP must continue to rise. The first important level is $2.11. A daily close above that would mean a 3.72% increase from the current level and confirm that buyers are dominating the short-term movement. XRP has not stayed above $2.11 since early December.
If this level is broken, the next resistance is $2.21. Only a sustained move above $2.21 would clearly change the structure to bullish and open the way to $2.58 or higher.
The downward risk is also clearly visible. If the price of XRP falls below $1.96 and the RSI weakens, the bullish divergence would be nullified. In that case, the first support level would be $1.88, followed by $1.81 if selling pressure increases.
The current situation is constructive but incomplete. Sentiment indicators have improved, and whales have already reacted once. For a complete turnaround to occur, large holders need to continue providing buying support, not just react momentarily.
