A Christmas Bounce for XRP? 3 Clues Hang in the Stocking
Summary
Despite XRP trading flat and being down 16.8% over 30 days, three technical and on-chain indicators suggest a potential bullish setup for the 2025 Christmas season. First, the Relative Strength Index (RSI) shows a bullish divergence with higher lows in momentum despite lower price lows, and the Money Flow Index (MFI) also shows a divergence indicating dip-buying pressure returning after moving out of oversold territory. Second, whale cohorts holding between 10 million and 1 billion XRP have cautiously resumed adding to their holdings since late December, signaling that large holders are not abandoning ship. Finally, for these signs to translate into a rally, XRP must overcome resistance at $1.98 to target $2.12, while maintaining the key support level at $1.77; a close below $1.77 would negate the potential bounce.
(Source:BeInCrypto)