XRP Traders See Room for Recovery to $1.50 This Month

XRP's price has been experiencing a decline in recent days, falling by about 4% over the last day. Despite this downturn, traders on the prediction market Kalshi remain bullish on the asset.

According to data from Kalshi, traders are betting on XRP's potential price recovery and predict a resurgence back to $1.50 before the month runs out.

This target of $1.50 would require an 11% rally for XRP, which is currently trading at around $1.35.