Traders Bet XRP Will Drop Below $1 Before Year End

Traders on the prediction platform Kalshi are expressing doubt about the near term price strength of XRP. Current betting activity indicates that a significant number of participants expect the token to fall below $1 before the current calendar year concludes.

This bearish outlook comes as XRP experiences frequent price swings. Recent market activity has left many investors feeling uncertain about whether the asset can maintain its current levels against the backdrop of broader market shifts.

Whether this prediction proves accurate will depend on how the asset handles the remaining weeks of the year. Investors are keeping a close watch on volume and support levels to see if the token can hold its ground or if the downward pressure will continue to build.