Kalshi Traders Bet on XRP Rebound to $1.50 by End of Month

XRP has been experiencing a short-term decline in its spot price, but prediction markets on Kalshi indicate that traders believe there's still room for a rebound.

According to U.Today, traders on Kalshi are betting on XRP reaching $1.50 by the end of the month, despite the recent 4.64% drop in price over the past 24 hours.

The current price of XRP is around $1.35, and it would need to climb more than 11% to reach the predicted target of $1.50.

This trend shows a divergence between spot price weakness and market expectations, as prediction markets continue to bet on a month-end recovery despite short-term selling pressure.