XRP has encountered resistance at the $1.60 mark, despite a significant increase in retail holders. Data from Santiment reveals that the number of retail addresses holding less than 100 XRP has reached a record 5.66 million, while those holding between 100 and 100,000 XRP have also hit an all-time high of 2.01 million wallets. Whale activity has shown signs of renewed interest, with major holders pausing their selling pressure and beginning to accumulate XRP again in March. This shift is reflected in the 30-day Whale Flow metric, which turned positive for the first time since July 2025, indicating net buying by whales. Consequently, XRP's price saw a 21% recovery in early March, rising from $1.30 to $1.60. Despite the recent price pullback following a hawkish Fed rate pause, XRP's accumulation trend remains strong. However, the altcoin's bullish momentum was halted at the $1.60 resistance level, maintaining its trading range between $1.30 and $1.60.