XRP Bears Eye $1 Retest as Traders Lose Confidence
XRP has been experiencing extreme volatility in recent days, causing traders to lose confidence in its short-term recovery.
The cryptocurrency's price plummeted after a brief period of being in the green, leading to bearish sentiment among traders.
Prediction market Kalshi shows that traders are betting on XRP potentially retesting the $1 level this month, following its previous low of around $1.02.