XRP (XRP) Price: Whale Selling and Geopolitical Tension Push Token Lower

TLDR

• XRP is trading around $1.13–$1.14, down roughly 1.27% in the latest session
• Whales sold over 30 million XRP tokens between June 13–17, 2026
• Suspended US-Iran talks added broader market uncertainty
• Technical indicators show 14 sell signals and zero buy signals across major moving averages
• XRP’s tokenomics are seen as a weakness, but ETF inflows and institutional adoption offer some support

XRP is under pressure today as a mix of macro uncertainty and on-chain selling activity weighs on the token’s price.

The token is currently trading near $1.13, reflecting a drop of around 1.27% in the latest session. It has fallen well below recent highs, with the 52-week range sitting between $1.05 and $3.65.

On-chain data from Santiment shows whale holdings dropped from approximately 3.82 billion XRP to 3.77 billion XRP between June 13 and June 17. That represents a distribution of more than 30 million tokens in just four days.

Analyst Ali Martinez shared this data on X, noting the shift in large holder behavior. Whale movements like this are often watched as early signals of short-term price pressure, since large holders moving tokens to exchanges can increase selling supply.

Geopolitical Pressure Adds to Market Uncertainty

US-Iran talks scheduled for June 19 in Switzerland were suspended after Israeli strikes in southern Lebanon. Iran called off the meeting, which was part of a broader diplomatic effort to ease regional tensions.

The announcement came during a US market holiday, which limited the immediate reaction in equities and oil markets. However, futures markets began pricing in higher volatility ahead of the next trading session.

Analyst Sjuul from AltCryptoGems posted on X that XRP is “again in trouble,” pointing out that the former support level at $1.30 has flipped to resistance. He warned that if bulls fail to defend the $1.00 level, “things might get even more ugly.”

XRP’s price does not directly track geopolitical events, but broader risk-off sentiment tends to pull liquidity away from crypto markets.

Technical Indicators Lean Bearish

The technical picture for XRP is weak. Moving average data shows 14 sell signals and zero buy signals across major timeframes.

XRP is trading below its 10 EMA ($1.167), 50 EMA ($1.267), 100 MA (~$1.36), and 200 MA (~$1.57). The RSI sits at 38.79, approaching oversold territory but not yet there.

Key support levels are at $1.12 and $1.09. Resistance sits at $1.49 and $1.66. A break below $1.10 could accelerate further downside.

The MACD is showing a mild buy signal at -0.039, and momentum indicators show slight positive divergence. These suggest some early stabilization, but no confirmed reversal.

Tokenomics Debate and Institutional Activity

A separate analysis raises questions about XRP’s valuation. The XRP Ledger burns just 0.00001 XRP per transaction. With roughly 1–2 million daily transactions, only 295 XRP were burned on June 14. Against a circulating supply of 62 billion tokens, this is minimal.

However, spot XRP ETFs have pulled in over $1.4 billion in net inflows since launching in late 2025. Tokenized assets on the XRPL have grown from $128 million to $368 million in one year. Aviva Investors, Societe Generale, and Deutsche Bank have all integrated Ripple’s infrastructure in 2026.

Analyst EGRAG CRYPTO has highlighted a broader ascending triangle pattern on the 2-month chart, suggesting the current phase could be an E-wave macro bottom aligned with a 425-day cycle. Confirmation would require reclaiming the $2.00–$2.10 resistance zone.

XRP spot price at time of writing: approximately $1.14.

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