Largest XRP Whales Are Making a Move – Will Price Respond?

XRP price has recently rebounded nearly 4% from its lows, coinciding with a bullish divergence on the daily chart between December 1 and December 12, where price made a lower low while the RSI formed a higher low, suggesting weakening selling pressure.

This technical signal is being reinforced by whale activity; the two largest XRP holder groups (those holding over 1 billion and those holding 100 million to 1 billion XRP) have collectively increased their holdings by about 130 million XRP, equating to roughly $265 million in net accumulation. This action is further supported by Ripple's progress toward securing a US banking license.

For the reversal to hold, XRP price needs to close above the $2.11 resistance level, which would confirm short-term buyer control, with the next significant target being $2.21. Conversely, a drop below $1.96 would invalidate the bullish divergence and expose lower support levels.

(Source：BeInCrypto)