XRP’s Next Target? Kalshi Bets Point to a Potential $1.50 Rebound

TL;DR:

• XRP fell 4.64% over 24 hours, dropping from about $1.43 to $1.35 as short-term momentum weakened and selling pressure returned.
• Kalshi traders are betting XRP can recover to $1.50 before September ends, a move that would require a rebound of more than 11%.
• XRP-related prediction markets have generated about $89,586 in trading volume, showing active interest in the rebound scenario despite the token’s current correction and currently weaker spot-market momentum.

XRP is facing renewed pressure after sliding 4.64% over 24 hours, falling from a high near $1.43 to around $1.35. Even so, traders on Kalshi are betting that the token can recover to $1.50 before September ends. The tension between weakening spot momentum and a bullish prediction market has created an unusually split outlook for XRP. Reaching that target would require a rebound of more than 11% from current levels, turning $1.50 into the clearest near-term benchmark for traders watching whether the latest correction can reverse.

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