XRP has remained within a narrow range, barely changing over the past 24 hours, and has decreased by about 16.8% over the past 30 days. The chart still shows a downward trend, but during the Christmas season of 2025, there are three driving factors that seem to be attempting to change the direction of this slide.
This is not a signal to rush to buy, but it may be the beginning. If buyers join in again, new things might start to happen.
Momentum and capital are trying to join the Christmas choir.
The price of XRP has shown a downward trend between November 4 and December 24, creating a clearly new low. However, the Relative Strength Index (RSI), which measures momentum strength, has created a higher low during the same period, known as bullish divergence, which occurs when the price drops but momentum quietly starts to rise and often appears before a price reversal.
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The Money Flow Index (MFI), which tracks volume and capital inflow, also shows divergence signals.
Between November 21 and December 18, the price moved down, but the MFI increased. This is a sign of buying pressure while the price is falling, and capital is flowing back in. Even though the price is still hesitant, XRP's price began to bounce back after December 18.
Currently, the MFI still maintains a higher low compared to November 21, even though the price has risen and there has been a slight drop. Additionally, it has now moved out of the heavily oversold zone, indicating that the narrative of speculative buying may come back near the reversal zone again.
Both of these signals reflect that selling pressure may start to lose power. Although these signals are not confirmations yet, they are like Christmas music gradually rising beneath the surface.
The whale returns cautiously like a reindeer.
Two groups of whales have returned to buy again, but not significantly. The second-largest holding group, which holds between 100 million and 1 billion XRP, has increased its holdings from 8.11 billion XRP to 8.23 billion XRP since December 22, with the current price representing a change of about 150 million USD.
The next group holding between 10 million and 100 million XRP has increased slightly from 10.88 billion XRP to 10.9 billion XRP on December 23, with the current price considered an increase of about 50 million USD.
This purchase is not as aggressive as it was in mid-December but is more of a watchful approach, like a reindeer testing the snow before leaping forward. However, as the whale increases purchases while momentum improves, it will support the market's reversal efforts, showing that those with significant capital in the market have not abandoned ship at the current level.
The price level of XRP that could add a festive touch.
If the price of XRP wants to turn this signal into a real outcome, it must work with these signals. The first obstacle is near 1.98 USD, which has hindered all upward movements since December 15. If XRP buyers can break through, there will be a chance to move into the 2.12 USD zone next, and above that at 2.23 USD, buyers will be able to prove that they are not just temporary investors during the holiday.
On the other hand, the critical support level below is 1.77 USD, which has been a structural support since October 10. A daily close below 1.77 USD will signal that the sleigh may not rise to the sky, and sellers continue to dominate the market this season.
Currently, XRP remains above 1.77 USD with gradually improving momentum. The money flow is not leaking continuously, and whales are starting to invest again. While these factors alone may not be enough to make the chart bullish, together they set the stage for a potential trend change if the price supports and cooperates.
If XRP breaks strongly above 1.98 USD, the momentum from the Christmas season below could become a significant factor. Until then, the sleigh continues to move forward but has not yet taken off into the sky.