$XRP Chaikin Money Flow (CMF) indicator. is currently at 0.01, up from yesterday's -0.12. Positive values indicate significant capital inflows into the asset and growing investor interest. Negative values indicate an outflow of funds and selling pressure.
In the case of Ripple, the CMF metric is slightly above the neutral level, but there is no strong bullish momentum yet. Selling pressure has weakened, but buyers are not active yet. This may mean price stabilization, rather than a clear increase
Thus, XRP seems to be entering a consolidation phase. Neither buyers nor sellers are dominant. Unless there is a change in capital flows, the price may remain in a range in the coming days.#2024withBinance