XRP has plunged 5% to $1.12 as Israeli military attacks in southern Lebanon have jeopardized the Trump-Iran deal, with the fresh strikes postponing critical talks and reigniting fears of a wider regional conflict. According to BeInCrypto Markets data, XRP traded recently in a 24-hour range between $1.13 and $1.18, reflecting how sensitive the crypto market remains to fast-evolving geopolitical events. The immediate trigger came from Israeli military operations in southern Lebanon, which have suddenly hit new obstacles to the United States' diplomatic efforts to stabilize the region. The Trump-Iran deal, designed to de-escalate hostilities and stabilize key oil routes including the Strait of Hormuz, has now been derailed by persistent friction between Israel and Hezbollah.
The price drop coincided with concerning whale behavior, as crypto analyst Ali Martinez reported that more than 30 million XRP had been distributed by whales in the past five days, suggesting large holders reduced exposure while the price remained under pressure. According to Santiment data, wallets holding at least 1 million XRP offloaded more than 30 million tokens over five days, with combined large-address holdings dropping from 3.82 billion to 3.77 billion XRP. Network activity has also deteriorated significantly, with Ali noting that XRP network activity has dropped by nearly 50% in two weeks. Active addresses fell from around 50,000 to nearly 25,000, according to the analyst. This weaker address activity can indicate lower demand for network use and may weaken the case for a fast rebound, though it doesn't always lead directly to price losses.
Despite the price decline, institutional demand remains the main positive factor for XRP. According to SoSoValue data, XRP products recorded $2.55 million in daily net inflows on June 18, after a flat day on June 17. Cumulative total net inflows have risen to about $1.45 billion by June 18, showing ETF demand has continued even as the spot price dropped. As previously reported, XRP-linked products had already outpaced Bitcoin and Ethereum funds for five straight weeks, with recent fund-flow data showing XRP products added $10.68 million in the week ended June 12, bringing cumulative inflows near $1.44 billion. The macro overhang is not going away fast, with the question being whether XRP's spot ETF inflows of $5.30 million on June 16 and $2.55 million on June 18 can be enough to absorb continued whale selling.
The technical picture remains challenging as XRP continues trading inside a long-running symmetrical triangle, with support near $1.10 and resistance around $1.25. EGRAG CRYPTO described the current zone as "E is the battlefield," meaning XRP may be testing a final macro support area before a larger move. The analyst noted that targets are "not active yet" and that XRP must hold rising macro support, reclaim key moving averages, and break the $2.00 to $2.10 resistance area before larger targets come into play. The next short-term test is simple: XRP needs to hold $1.10 and reclaim $1.15 to reduce pressure, with a move above $1.18 placing $1.20 back in focus. 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, with a daily close beneath $1.10 making that test highly likely.
