XRP price has entered a consolidation phase after a historic rally in November and December. The number of wallets holding between 10 million and 100 million XRP has stabilized at 301, signaling renewed accumulation by large holders. Whale activity, which can influence price trends, is key to watch for market developments. The Chaikin Money Flow (CMF) has turned slightly negative, indicating mild selling pressure. The CMF measures the flow of money into and out of an asset, and a negative value suggests resistance to upward movement unless buying activity strengthens. XRP price recently tested the support level at $2.13 and could aim for higher targets at $2.33, $2.53, or $2.64. However, if the support level fails, XRP could decline towards $1.96 or $1.89. Overall, the market direction for XRP is unclear at the moment.



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