XRP remained largely flat over the past 24 hours and is still about 16.8% down over the past 30 days. The chart still looks bearish, but during this Christmas season of 2025, there are three positive factors that seem to be trying to pull the sleigh in a new direction.

This is not a call to buy. It is a setup. If buyers actually step in, this could be the start of something new.

Trying to sing along with the Christmas choir about momentum and money flow

The XRP price dropped between November 4 and December 24 and formed clear lower lows. However, the relative strength index (RSI), which measures momentum, showed higher lows during the same period. This is called a bullish divergence. It occurs when the price drops, but momentum secretly becomes stronger. This often happens just before a possible reversal.

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The money flow index (MFI), which tracks volume and inflows, also shows a divergence.

Between November 21 and December 18, the price went down, but the MFI actually rose. This indicates dip buyers and fresh money slowly flowing back in, even as the price hesitated. After that, the XRP price started to recover again after December 18.

At this moment, the MFI maintains the higher low pattern compared to November 21, despite the recent dip while the price rises. Furthermore, the MFI has now come out of the heavily oversold area, indicating the return of the dip-buying narrative close to the reversal zone.

Both signals suggest that sellers may lose control. They are not a confirmation, but they are subtle Christmas tunes beneath the surface.

Whales are returning like cautious reindeer

Two whale groups are buying back in again, although not in large numbers. The second largest group, which holds between 100 million and 1 billion XRP, increased its position from 8.11 billion XRP to 8.23 billion XRP since December 22. At the current rate, that amounts to about $150 million extra.

The next group, holding between 10 million and 100 million XRP, grew from 10.88 billion XRP to 10.9 billion XRP, slightly later on December 23. That amounts to about $50 million extra at the current price.

This is not aggressive accumulation like the peaks in mid-December. It is cautious, like reindeer testing the snow before they run. Still, whales buying back in while momentum improves give the reversal a better chance of success. It shows that the largest players in the market are holding their positions at this level.

XRP price levels that could light up the Christmas tree

If the XRP price wants to turn these signals into real results, they need to work together. The first obstacle lies around $1.98. This level has consistently slowed the rise since December 15. If XRP buyers break through there, a rise to the $2.12 zone is possible. Above that lies $2.23, where buyers show whether they are staying or just holiday guests.

At the bottom, the key level is $1.77. Since October 10, this has been a strong support. A daily close below $1.77 would indicate that the sleigh isn't getting off the ground and sellers are still dominating.

For now, XRP holds above $1.77, momentum is slowly improving, the outflow of money has stopped, and whales are stepping back in. None of these factors make the chart immediately bullish. Together, they create a foundation for a potential trend reversal if the price cooperates.

If XRP manages to break strongly above $1.98, the positive Christmas breezes could finally have a real effect. Until then, the sleigh is moving forward, but hasn't really taken off yet.