XRP price is down about 1.1% in the last 24 hours and still carries an 8.8% loss over the past 30 days. That makes it one of the weakest performers in the top ten, with only Dogecoin posting a bigger monthly drop.

Even so, a new shift in whale behavior and a repeat bullish signal have shown up together. If both hold, this could be the first real attempt at reversing the downtrend.

Bullish Divergence Returns; Trend Reversal Soon?

XRP price action showed weakness from November 4 to December 31. XRP created lower lows during that period, but the RSI (Relative Strength Index), which measures momentum, created higher lows. This is a bullish divergence and suggests sellers are losing strength. This form of divergence often leads to downtrend reversals.

The same pattern appeared between November 4 and December 1 and triggered a 12% bounce at that time. That rally failed because the structure did not have support from whale wallets.

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Bullish Divergence (s): TradingView

This time, the divergence appears again, but the surrounding conditions look different.

Whales Add $3.6 Billion In 24 Hours, Unlike Last Time

Whale cohorts played the key role when the last divergence attempt failed. During the early December bounce (between December 1 and December 3), two major groups sold into strength.

The 1 million to 10 million XRP wallets dropped their holdings from 4.35 billion to 3.97 billion XRP between November 30 and December 4. The 1 billion+ XRP wallets dropped from 25.34 billion to 25.16 billion XRP during that period. That selling pressure possibly blocked the trend.

This time, the reaction has flipped.

Over the last 24 hours, the 1 billion+ XRP wallets added aggressively from 25.47 billion to 27.47 billion XRP. That is a massive addition of around 2 billion XRP. At the current price, that equals roughly $3.6 billion in value.

Even though the smaller whales dropped their stash even now (the 1 million to 10 million group), the mega whales still dominate by a long way.

Whales Add XRP; Unlike Last Time: Santiment

This shift is the key difference compared to the November attempt. Whales are buying, not selling, while the RSI divergence is forming. If their positioning holds, the XRP price structure finally has support from both momentum and supply.

XRP Price Levels Decide If The Reversal Holds

XRP price still needs to confirm what the indicators are suggesting. The first sign of a successful reversal is a clear 12-hour close above $1.92.

That level acted as resistance on December 22 and has rejected every attempt since. If XRP breaks $1.92 with conviction, the next test awaits at $2.02. Reclaiming that level turns focus to $2.17 to $2.21, the zone that blocked the previous rebound at the start of December.

Losing support at $1.77 would weaken the reversal case. It would show that whales are early and the divergence is failing again. If that happens, the momentum structure would break, and the early December outcome could repeat.

XRP Price Analysis: TradingView

For now, the divergence, the $3.6 billion whale buying, and the return of demand across the largest wallets give XRP a much stronger foundation than the last attempt. Confirmation still depends on price, and $1.92 sits as the line that decides if this time is different.