XRP Price September: Prediction Markets Bet on a Modest Rebound, Not a Breakout
- Polymarket data shows an 88% chance of XRP hitting $2.90 in September, but low odds for a major rally
- The data suggests traders expect a range-bound month between the $2.70 support and $3.20 resistance
- Technical indicators like the MACD and CMF are also signaling a period of consolidation for XRP’s price
While XRP has slipped nearly 6% over the past week, the prediction markets are not calling for a major crash. Instead, data from Polymarket suggests traders are betting on a range-bound September with a modest recovery.
According to Polymarket odds, there is an overwhelming 88% chance of XRP to hit $2.90 by the end of September, signaling a month of consolidation rather than an explosive breakout.
Related: Ripple and Thunes Partner to Bring Blockchain Rails for the Global Remittance Market
What All Are Prediction Markets Pricing In for September?
The data from Polymarket provides a clear look at the market’s collective expectations for XRP’s price by the end of the month.
Most likely XRP price target
The highest-conviction bet is on XRP reaching $2.90, with Polymarket traders assigning this an 88% probability. The odds for it hitting $3.00 also…
The post XRP Price September: Prediction Markets Bet on a Modest Rebound, Not a Breakout appeared first on Coin Edition.
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XRP Price September: Prediction Markets Bet on a Modest Rebound, Not a Breakout
- Polymarket data shows an 88% chance of XRP hitting $2.90 in September, but low odds for a major rally
- The data suggests traders expect a range-bound month between the $2.70 support and $3.20 resistance
- Technical indicators like the MACD and CMF are also signaling a period of consolidation for XRP’s price
While XRP has slipped nearly 6% over the past week, the prediction markets are not calling for a major crash. Instead, data from Polymarket suggests traders are betting on a range-bound September with a modest recovery.
According to Polymarket odds, there is an overwhelming 88% chance of XRP to hit $2.90 by the end of September, signaling a month of consolidation rather than an explosive breakout.
Related: Ripple and Thunes Partner to Bring Blockchain Rails for the Global Remittance Market
What All Are Prediction Markets Pricing In for September?
The data from Polymarket provides a clear look at the market’s collective expectations for XRP’s price by the end of the month.
Most likely XRP price target
The highest-conviction bet is on XRP reaching $2.90, with Polymarket traders assigning this an 88% probability. The odds for it hitting $3.00 also…
The post XRP Price September: Prediction Markets Bet on a Modest Rebound, Not a Breakout appeared first on Coin Edition.
Read More
XRP Price Prediction: Analysts Eye $3.20 Rebound As Trump Endorsement Sparks Optimism