XRP Price Under Pressure: 30M XRP Whale Sale Pushes Token Down 4%
XRP price is down by 4% over the past 24 hours, after an on-chain data confirmed a coordinated wave of whale distribution that erased a multi-day rally in under 72 hours. The token briefly touched $1.29 before sellers stepped in hard, and large-wallet behavior is now the dominant price driver.
According to data, wallets holding at least 1 million XRP offloaded more than 30 million tokens over five days, with Santiment data showing combined large-address holdings dropping from 3.82 billion to 3.77 billion XRP.
This supply hit spot exchanges directly, absorbing the buying pressure that had built from a $1.14 base on June 14. A cascade of leveraged long liquidations in derivatives markets accelerated the drop, with new Fed Chair Kevin Warsh delivering hawkish signals that killed rate-cut expectations and hit risk assets globally.
The macro overhang is not going away fast. Can XRP’s spot ETF inflows of $5.30 million on June 16 and $2.55 million on June 18 be enough to absorb continued whale selling?
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XRP Price Prediction: $1.20 or Is a Test of $1.05 Next?
XRP is currently consolidating near $1.12, having lost every support level it built during the June rally. The move from $1.14 to $1.29 and back down was a full round-trip with nothing to show for it.
Resistance is now stacked between $1.20 and $1.25, the range where profit-taking overwhelmed buying. Below the current price, the next meaningful support zone sits near $1.05, flagged by analysts as the next critical battleground.
A daily close beneath $1.10 would make that test highly likely. Momentum indicators remain bearish, with price trading below short-term moving averages and volume on down days outpacing recovery sessions.
If whale selling exhausts, and ETF inflows accelerate, XRP could reclaim $1.20 within the week and sets up a retest of highs. The ETF inflow data offers a genuine counterpoint for bear
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Maxi Doge Presale Draws Rotation Capital as XRP Stalls at Key Levels
When a mid-cap like XRP gives back a full rally in three days with no structural damage repaired, active traders start scanning for asymmetric setups elsewhere. That rotation is real, and it tends to favor early-stage projects where the entry price hasn’t already been through a 4% haircut before the week ends.
Maxi Doge ($MAXI) is pulling that attention in the meme token segment. Built on Ethereum, the project frames itself around high-conviction trading culture, 1000x leverage mentality, holder-only trading competitions with leaderboard rewards, and a Maxi Fund treasury designed for liquidity management and partnerships.
The presale has raised $4.8 million at a current token price of $0.0002824, with dynamic staking APY available to participants. The community competition structure differentiates it from pure meme plays with no retention mechanism.
Traders considering a position should research Maxi Doge.
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