Prediction markets are signaling that $XRP will likely trade between $1.30 and $1.50 on September 1, with traders assigning the highest probability to the cryptocurrency closing in the $1.30 to $1.40 range.
According to data from decentralized prediction platform Polymarket, the most likely outcome for $XRP on September 1 carries a 45% probability that the token will trade between $1.30 and $1.40. The second most likely range is $1.40 to $1.50, which holds a 36% probability.
Combined, the two ranges account for 81% of market expectations, indicating that traders broadly expect $XRP to remain within a relatively tight band around current levels heading into September.
The market assigns an 11% probability to $XRP trading between $1.20 and $1.30, while the chances of a move above $1.50 are significantly lower. The $1.50 to $1.60 range carries a 7% probability, while each range above that holds only 1% to 2%.
Based on the distribution of probabilities, the weighted consensus suggests $XRP is likely to trade near the midpoint of the two dominant ranges, placing the expected price at around $1.40 on September 1.
Chances of $XRP dropping below $1
The forecast reflects a market expectation for consolidation rather than a major breakout or sharp decline over the coming days.
Notably, prediction traders see only a 1% chance of $XRP falling below $1 and a similarly low 1% probability of the asset climbing above $1.90 by September 1.
The prediction comes as $XRP continues to benefit from growing institutional adoption and expanding ETF activity. To this end, filings show continued development in the $XRP ETF market, including benchmark updates for the 21Shares $XRP ETF and ongoing growth in institutional investment products tied to the cryptocurrency.
At the same time, $XRP-related investment funds have continued attracting capital. Spot $XRP ETFs recently reached cumulative net inflows of approximately $1.55 billion, highlighting sustained investor demand despite recent price volatility.
The outlook comes as $XRP has staged a notable rebound above the $1 level, in line with improving sentiment across the broader cryptocurrency market.
$XRP price analysis
As of press time, the token was trading at $1.39, down more than 5% over the past week amid lingering bearish sentiment.
From a technical perspective, $XRP remains in a bullish structure, trading above both its 50-day simple moving average (SMA) of $1.14 and 200-day SMA of $1.28.
Holding above these key levels suggests the broader uptrend remains intact and that buyers continue to maintain control.
Meanwhile, the 14-day relative strength index (RSI) of 65.75 points to strong momentum without entering overbought territory, leaving room for further upside before excessive buying pressure emerges.
Featured image via Shutterstock