XRP is encountering resistance at the $1.60 mark, despite a record number of retail holders and renewed whale activity. The cryptocurrency has seen a surge in retail wallets, with 5.66 million addresses holding less than 100 XRP, and mid-sized holders reaching an all-time high of 2.01 million wallets. This accumulation has contributed to a 21% rally, lifting XRP from $1.30 to $1.60 in March. Whale activity has also turned positive, with wallets holding over 100,000 XRP showing renewed accumulation after a period of net selling. The 30-day Whale Flow metric turned positive in March, indicating that major holders are now net buyers, which has helped stabilize the market. Despite these positive trends, XRP struggles to break past the $1.60 resistance, with traders closely watching the $1.34 support zone and broader market conditions for potential breakout signals.