These trends don't always hold, but this year looks promising. XRP has rallied each of the past three years in the Nov-Dec time frame.
A significant break above the 0.063 cny level on high volume could indicate that the rally is on. A pullback and especially a break below the 0.036 cny level would be bearish.
The ripple ledger is a quasi-decentralized blockchain with consensus centered around UNLs (Unique Node Lists), in which node operators choose what other nodes are to be trusted. You could say that it is a hybrid of sorts, a cross between a private blockchain and a public blockchain such as bitcoin. Censorship resistance has been elusive for this chain. Also, Ripple Labs supposedly controls about 70% of the XRP in existence.
Recently, Ripple has raised $55 million in a series B funding round. However, Ripple has products such as the Interledger Protocol (ILP) which have very little, if anything, to do with the public ripple ledger itself.
On the positive side, Ripple CEO Chris Larsen has stated, "We could do a better job of communicating that XRP is essential to the Internet of Value." Major banks have subsequently been involved in testing cross-border payments using XRP, in which banks can save up to 60 percent in payment processing costs with Ripple’s solution and XRP. With this potential in demand and use cases for XRP, a major rally in the native XRP currency could be imminent.
Disclaimer: None of this is advice of any kind.