The price of XRP has been stuck in a narrow range for several days, cooling off after reaching a monthly high of US$ 3.65 earlier this month. Since then, it has fallen about 14% and is now trading close to US$ 3.13. Currently, it shows only a modest gain of 5% in the last week.

The pullback has kept traders cautious. However, new data suggests that a quiet accumulation of buying pressure could lead to a price move higher for XRP if the right signals align.

Chaikin Money Flow needs a strong push to confirm bullishness

A key signal to watch is the Chaikin Money Flow (CMF). This indicator tracks whether money is flowing into or out of a token, combining price action and trading volume.

From July 20 to 26, the CMF for XRP's price made a higher low, even as prices fell from US$ 3.60 to US$ 3.13. This divergence suggests that large wallets were buying the dips, increasing their holdings despite the price drop.

Smart money entering while XRP prices fall: TradingView

However, the CMF is now close to 0.15. For the XRP rally to gain momentum, it must decisively break this level and print another higher high. This would signal stronger entries and move the market closer to a potential price breakout for the token.