XRP Consolidation Continues Amid Falling Whale Transactions

The recent decline in large XRP transactions over $1 million has sparked interest among cryptocurrency analysts. According to data, these transactions have fallen by 57.3% in nine days, signaling a market pause rather than collapse.

The XRP price is currently consolidating between resistance at $1.54 and support near $1.29, with fading volume and an RSI near oversold levels suggesting sellers are losing momentum. This consolidation phase has led to increased expectations of a potential breakout or breakdown in the near term.

A strong liquidity wall between $1.60 and $1.85 caps upside, while bids defend the $1.28 zone, indicating a tense balance. The next decisive move—either a breakout above $1.60 or a breakdown below $1.29—could set the direction for XRP's near-term trend.