Prediction market traders are increasingly betting that XRP will finish August below $1.20, aligning with the asset’s recent price consolidation just above the $1 mark.
In this regard, traders on Polymarket assigned a 56% probability that XRP will trade below $1 by August 31, 2026. Meanwhile, the next most likely outcome is XRP finishing above $1.20, which carries a 32% chance.
The probability of XRP ending the month above $1.40 is 4%, while the chances of a move above $1.80 are just 2%. Additionally, traders assigned only a 1% probability to XRP reaching levels above $2, including targets of $2.20, $2.40, $2.60, $2.80, and $3.
The market, which has generated more than $82,500 in trading volume, suggests expectations remain tilted toward further downside despite a range of higher-price outcomes remaining on the board.
XRP price prediction. Source: Polymarket
Overall, the prediction market points to continued weakness in the cryptocurrency through August. While traders s
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