XRP experienced a 4% weekly price decline, coinciding with a 33% drop in trading volume, landing at 5.2 billion USD. This signals a noticeably weak market momentum, raising concerns about potential further corrections or prolonged consolidation periods unless buying interest picks up.
The number of whale addresses holding 10 million to 100 million XRP ROSE to 299, indicating cautious accumulation. The Chaikin Money FLOW improved from -0.24 to -0.07, suggesting decreasing selling pressure, yet remains negative. Stabilization of XRP relies heavily on continued whale interest and a Movement of CMF into positive territory.
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