The price of Ripple (XRP) has remained relatively stable between $0.46 and $0.48 over the past two weeks. However, on-chain data reveals that large XRP investors, known as whales, have been adding to their holdings, potentially offering bullish support.

Despite this, the XRP price has failed to break above the critical resistance level of $0.50, leaving it at risk of a potential pullback.

Additionally, retail user activity has declined considerably, indicating a lack of demand that could lead to a prolonged stagnation around the $0.46 mark.