XRP Whales Accumulate $3.6 Billion as Bullish Divergence Returns

XRP0,74%
DOGE0,52%

The price of XRP has declined by approximately 1.1% over the past 24 hours and remains down 8.8% over the last 30 days. This makes XRP one of the weakest performers among the top ten cryptocurrencies, with only Dogecoin recording a larger monthly loss. Despite this weakness, two important signals are now emerging on the chart: the return of a bullish RSI divergence and aggressive accumulation by the largest XRP holders. Together, these developments could mark the first genuine attempt to reverse the prevailing downtrend.

Bullish Divergence Reappears: A Familiar Pattern Returns Between November 4 and December 31, XRP’s price action showed clear signs of weakness. The price formed lower lows, while the Relative Strength Index (RSI)—a momentum indicator—created higher lows. This mismatch is known as a bullish divergence and typically suggests that selling pressure is losing strength, often preceding trend reversals. A similar setup appeared between November 4 and December 1, triggering a 12% rebound in XRP’s price. That recovery ultimately failed, however, as it lacked support from whale wallets. This time, the surrounding conditions look notably different.

Whales Buy This Time: $3.6 Billion Added in Just 24 Hours During the previous divergence attempt, whale behavior played a key role in suppressing the rally. In the early stages of the December bounce (between December 1 and December 3), major wallet cohorts were net sellers: Wallets holding 1 to 10 million XRP reduced balances from 4.35 billion to 3.97 billion XRPWallets holding more than 1 billion XRP declined from 25.34 billion to 25.16 billion XRP This selling pressure likely prevented the rally from developing further. The current response is the exact opposite. Over the last 24 hours, wallets holding more than 1 billion XRP increased their balances sharply from 25.47 billion to 27.47 billion XRP. This represents an accumulation of roughly 2 billion XRP, equivalent to approximately $3.6 billion at current prices. While smaller whales (1–10 million XRP wallets) have already reduced their exposure, mega whales are clearly dominating accumulation. This shift is the key difference compared to the November attempt. Whales are now buying rather than selling as the RSI divergence forms. If these positions are maintained, XRP’s price structure will finally be supported by both momentum and supply dynamics.

Key XRP Price Levels Will Determine Whether the Reversal Holds Despite the constructive signals, price confirmation remains essential. The first critical requirement for a successful reversal is a clear 12-hour close above $1.92. This level has acted as strong resistance since December 22, rejecting every rally attempt. If XRP breaks convincingly above $1.92, the next challenge lies at $2.02. Reclaiming that zone would shift focus toward the $2.17–$2.21 range, an area that capped the previous rebound in early December. On the downside, losing support at $1.77 would significantly weaken the bullish case. Such a move would suggest whales entered too early and that the divergence is once again failing—mirroring the outcome seen at the start of December.

Conclusion: Stronger Foundations This Time, but Price Still Decides For now, the combination of a bullish RSI divergence, $3.6 billion in whale accumulation, and renewed demand across the largest XRP wallets gives the asset a much stronger technical foundation than during the last failed attempt. Final confirmation, however, depends entirely on price action. The $1.92 level remains the decisive line that will determine whether XRP can truly reverse its downtrend—or whether history is about to repeat itself once again.

#xrp , #CryptoWhales , #CryptoInvesting , #altcoins , #CryptoNews

Stay one step ahead – follow our profile and stay informed about everything important in the world of cryptocurrencies! Notice: ,The information and views presented in this article are intended solely for educational purposes and should not be taken as investment advice in any situation. The content of these pages should not be regarded as financial, investment, or any other form of advice. We caution that investing in cryptocurrencies can be risky and may lead to financial losses.“

Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to Disclaimer.

Related Articles

NewsAlert: Trump Issues Iran Ultimatum – How BTC, ETH, And XRP is Reacting

Trump raised the temperature again with a fresh Iran deadline and warnings of overwhelming force. The rhetoric was extreme, and markets treated it as immediate macro risk. To be precise, widely cited reports quote Trump saying Iran could be destroyed “in one night” if no deal is reached, not

LiveBTCNews4h ago

Yesterday, the U.S. spot XRP ETF recorded a total net inflow of $9.0939 million in a single day

On April 10, the XRP spot ETF saw a net inflow of $9.0939 million in a single day. Of this, the Bitwise XRP ETF recorded a net inflow of $7.6149 million, and the Franklin XRP ETF recorded a net inflow of $1.4790 million. Total net asset value was $968 million, and the historical cumulative net inflow has reached $1.22B.

GateNews9h ago

Ethereum and XRP Price Momentum Fades While AlphaPepe Dominates As Best Crypto to Invest in April...

The ceasefire rally faded. Capital Street FX’s April 10 daily report confirmed it in numbers: Ethereum at $2,187 down 1.03%, XRP at $1.3449 down 0.87%. The momentum that the ceasefire briefly created lasted hours before the underlying conditions reasserted themselves. XRP has now posted six

BlockChainReporter12h ago

XRP Eyes $1.60 as April History Shapes Market Expectations

Key Insights: XRP historical April data shows sharp gains and losses, with 2021 marking a 180% surge while recent years reflect declining monthly performance trends. Current price consolidation between $1.28 and $1.36 suggests reduced volatility, signaling a potential breakout as traders mon

CryptoNewsLand17h ago
Comment
0/400
No comments