XRP Traders Bet Big on Price Recovery to $1.50 This Month

XRP has been facing a decline in price over the last day, dropping by about 4.64% to $1.35 from its high of $1.43 within the last 24 hours.

Despite this slump, traders on the crypto prediction market Kalshi remain bullish on XRP's potential for a price recovery.

A recent data update shows that traders are predicting a resurgence back to $1.50 before the month runs out, which would require an increase of over 11% from its current level.