Kalshi traders scale back expectations for XRP to reach $1.70 by September end

  • Kalshi traders are reducing expectations that XRP will reach $1.70 before September ends.
  • XRP trades at $1.53, requiring a gain of more than 11% to reach $1.70.
  • Strong quarterly performance continues to keep longer-term XRP bulls engaged.

Kalshi traders are scaling back expectations that XRP will reach $1.70 before September ends, despite continued optimism among longer-term bulls following the token’s strong quarterly performance. XRP is trading at $1.53 after breaking above $1.60 resistance, leaving it needing a gain of more than 11% to reach the target. The change in positioning reflects short-term price resistance and macroeconomic headwinds.

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