Cryptocurrency bettors are pricing in slim chances of XRP (CRYPTO: XRP) reaching new highs this year.
Prediction Market Grows Less Optimistic
Polygon (CRYPTO: POL)-based Polymarket currently gives only a 14% chance to XRP bettering its all-time high of $3.84—set in January 2018—before the end of the year. The odds at the beginning of the year were 41%.
Similarly, chances of XRP hitting all-time highs by Sept. 30 stood at just 4%, down from 35% at the start of 2026.
Over $260,000 has been wagered on the outcome. The market resolves to "Yes" if any XRP/USDT 1-minute candle on Binance on the specified date has a final “High” price higher than any previous Binance 1-minute candle for the same pair.
Will There Be A Rebound Soon?
The tempered expectations coincided with a sharp dip in XRP’s crowd sentiment.
On-chain analytics firm Santiment reported that the ratio of positive to negative commentary has dropped to just 1.1 bullish comments for every 1 bearish comment, suggesting fear and uncertainty.
“When traders across social media become overly fearful, many weak hands have already sold, reducing selling pressure and creating conditions for a rebound,” Santiment stated.
Meanwhile, the Moving Average Convergence Divergence indicator, which compares two exponential moving averages of an asset’s price, typically the 12-period and the 26-period, flashed a “Sell” signal for XRP, according to TradingView.
The Bull Bear Power indicator, which measures the strength of buyers and sellers, was "Neutral," and so was the Relative Strength Index.
Price Action: At the time of writing, XRP was exchanging hands at $1.33, down 1.38% over the last 24 hours, according to data from Benzinga Pro. Year-to-date, the coin has plunged 28.30%.
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