XRPUSD: XRP Consolidates Near Key Support as Whales Sell 30M XRP / U.S. dollarBITSTAMP:XRPUSDJohn_IsigeXRP remains under pressure after losing more than 15% since the beginning of June. Although easing geopolitical tensions helped the token stabilize, buyers have so far failed to produce a decisive breakout. One of the main concerns for investors is the recent activity of large holders. According to Santiment data highlighted by crypto analyst Ali Martinez, whales distributed more than 30 million XRP between June 12 and June 17. This wave of selling has added pressure to an already fragile market structure. Institutional demand remains mixed. Spot XRP ETFs attracted only $2.62 million during the first week of June, while inflows improved to around $10 million in each of the following weeks. Although positive, the numbers remain relatively modest compared to flows seen in larger crypto ETFs. Technical Analysis XRP is currently trading around $1.1518, slightly below the EMA-20 at $1.1525. Price action remains trapped inside a narrow consolidation range as traders wait for a clear directional signal. Technical indicators remain neutral: * RSI is near 51, showing balanced momentum. * Bollinger Bands indicate moderate volatility. * Histogram momentum is improving slightly. * Market structure remains sideways with a mild bullish bias. As long as XRP remains below the EMA-20 and key resistance levels, the broader consolidation remains intact. Key Levels Resistance: * $1.1560 * $1.1687 (Fibonacci) * $1.2935 Support: * $1.1342 * $1.1211 * $1.0900 * $1.0500 Trading Scenarios Neutral Scenario (Most Likely) * Range: $1.12–$1.17 * RSI remains between 45–55 * Price continues consolidating near EMA-20 Bullish Scenario * Break above $1.1560 * Confirmation above $1.1687 * Target: $1.2935 * Supported by rising volume and RSI above 55 Bearish Scenario * Breakdown below $1.1342 * Target zone: $1.1211–$1.0500 * RSI falls below 45 * Selling pressure accelerates Conclusion XRP remains stuck in consolidation as weak ETF inflows and significant whale selling offset improving market sentiment. Bulls need a breakout above $1.1560 and $1.1687 to regain momentum toward $1.2935, while a move below $1.1342 could trigger another wave of selling toward $1.12–$1.05.