XRP’s recent performance has been somewhat lackluster. Over the past 24 hours, it has fallen by 1.1%, and the monthly decline has reached 8.8%, making it the weakest among the top ten cryptocurrencies. However, an interesting phenomenon has emerged in recent days—the trading logic of large holders has shifted, and a classic technical signal has reappeared. If these two forces can work together, XRP’s decline may be brewing a true reversal.
Technical Perspective: The Familiar Divergence Signal Reappears
From November 4 to December 31, XRP experienced a clear period of weakness. The price made lower lows, but the RSI indicator, which measures momentum, actually made higher lows—that’s called a bullish divergence. This phenomenon usually indicates that selling pressure is weakening and often precedes a reversal in downward trends.
This signal is not the first time it has appeared. Between November 4 and December 1, the same divergence triggered a 12% rebound. However, that rebound ultimately failed because large holders did not step in.
This time, the situation is different.
On-Chain: Whales Have Changed Their Tune
The main culprit behind the previous failed rebound was actually whale wallets. During the rebound from December 1 to December 3, two major whale groups chose to sell:
Million-dollar wallets (holding 1 million–10 million XRP): decreased from 4.35 billion XRP on November 30 to 3.97 billion XRP on December 4
Super whales (holding over 1 billion XRP): decreased from 2.534 billion XRP to 2.516 billion XRP
The selling by large holders directly stifled the rebound momentum.
But now, the story has rewritten itself. In the past 24 hours, super whales have completely reversed their behavior—they surged from 2.547 billion XRP to 2.747 billion XRP, an increase of about 200 million XRP. At current prices, this buy-in amounts to roughly $3.6 billion.
While medium-sized whales are still reducing their holdings, the buying power of super whales has completely overshadowed them. This is the critical turning point.
How Likely Is a Reversal?
The biggest difference this time compared to the last is: Large holders are buying, the technical divergence is forming, and both forces are finally aligned. If whale accumulation remains steady, XRP’s price structure has both technical and supply-side support.
But charts are only one side of the coin. The real test is the price itself.
Key Price Levels: $1.92 Is the Watershed
Whether XRP’s reversal can truly succeed depends on breaking through a crucial resistance.
Primary target: $1.92
This level acted as a strong resistance on December 22, and every rebound since has been blocked by it. If XRP can break through this level convincingly, the next target is $2.02.
Once above $2.02, focus will shift to the $2.17–$2.21 range—the highest barrier from the early December rebound and the first real test of a reversal.
Conversely, if the support at $1.77 fails, the reversal story may be over. That would suggest whale accumulation was premature, the divergence failed again, and the scenario from early December could repeat.
Is Now the Time to Watch?
Currently, the divergence signal, the $3.6 billion whale buy-in, and the return of whale demand provide XRP with a much stronger foundation than last time. But everything still depends on the price—$1.92 is the critical line. It will tell us whether this time is truly different.
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XRP Suddenly Shows Reversal Signal: What Does Whale Buying $3.6 Billion in 24 Hours Mean
XRP’s recent performance has been somewhat lackluster. Over the past 24 hours, it has fallen by 1.1%, and the monthly decline has reached 8.8%, making it the weakest among the top ten cryptocurrencies. However, an interesting phenomenon has emerged in recent days—the trading logic of large holders has shifted, and a classic technical signal has reappeared. If these two forces can work together, XRP’s decline may be brewing a true reversal.
Technical Perspective: The Familiar Divergence Signal Reappears
From November 4 to December 31, XRP experienced a clear period of weakness. The price made lower lows, but the RSI indicator, which measures momentum, actually made higher lows—that’s called a bullish divergence. This phenomenon usually indicates that selling pressure is weakening and often precedes a reversal in downward trends.
This signal is not the first time it has appeared. Between November 4 and December 1, the same divergence triggered a 12% rebound. However, that rebound ultimately failed because large holders did not step in.
This time, the situation is different.
On-Chain: Whales Have Changed Their Tune
The main culprit behind the previous failed rebound was actually whale wallets. During the rebound from December 1 to December 3, two major whale groups chose to sell:
The selling by large holders directly stifled the rebound momentum.
But now, the story has rewritten itself. In the past 24 hours, super whales have completely reversed their behavior—they surged from 2.547 billion XRP to 2.747 billion XRP, an increase of about 200 million XRP. At current prices, this buy-in amounts to roughly $3.6 billion.
While medium-sized whales are still reducing their holdings, the buying power of super whales has completely overshadowed them. This is the critical turning point.
How Likely Is a Reversal?
The biggest difference this time compared to the last is: Large holders are buying, the technical divergence is forming, and both forces are finally aligned. If whale accumulation remains steady, XRP’s price structure has both technical and supply-side support.
But charts are only one side of the coin. The real test is the price itself.
Key Price Levels: $1.92 Is the Watershed
Whether XRP’s reversal can truly succeed depends on breaking through a crucial resistance.
Primary target: $1.92
This level acted as a strong resistance on December 22, and every rebound since has been blocked by it. If XRP can break through this level convincingly, the next target is $2.02.
Once above $2.02, focus will shift to the $2.17–$2.21 range—the highest barrier from the early December rebound and the first real test of a reversal.
Conversely, if the support at $1.77 fails, the reversal story may be over. That would suggest whale accumulation was premature, the divergence failed again, and the scenario from early December could repeat.
Is Now the Time to Watch?
Currently, the divergence signal, the $3.6 billion whale buy-in, and the return of whale demand provide XRP with a much stronger foundation than last time. But everything still depends on the price—$1.92 is the critical line. It will tell us whether this time is truly different.