[DigitalToday reporter Jinju Hong (홍진주)] XRP has turned to a short-term decline, but prediction markets are putting more weight on the possibility it regains $1.50 within the month.

U.Today, a blockchain outlet, reported on Sept. 10 that traders on the crypto prediction market Kalshi see a high chance of a rebound in XRP despite the recent price correction.

In the latest outlook displayed on Kalshi, market participants see XRP potentially returning to around $1.50 by the end of the month. The outlet described it as “the $1.50 target has come into view.” While recent price action suggests bearishness is dominant, prediction markets have drawn more interest in a recovery scenario than in a continued slide.

XRP fell 4.64 percent over the past 24 hours, sliding to $1.35 from a high of $1.43. It had held support around $1.40 over the past few days and maintained a relatively positive weekly trend, but it has come under renewed selling pressure after failing to hold on to recent gains.

Sentiment in prediction markets differs somewhat from spot price action. Kalshi’s trading volume in XRP-related prediction markets came to $89,586. That is seen as a sign of growing trader interest in XRP’s short-term price path. Even as XRP trades sideways, market participants judge there is still room for a rebound before the end of September.

For that outlook to be realised, the required rise is not small. At the current price of $1.35, XRP would need to climb more than 11 percent to reach $1.50. That also means it would need a meaningful return of buying interest beyond a simple technical bounce as momentum has weakened.

This trend can also be seen as a divergence between price weakness and market expectations. The spot market has seen short-term profit-taking and selling pressure, while prediction markets have continued to bet on a month-end recovery. Attention is expected to focus for now on whether XRP can recover around $1.40 and whether it can test $1.50 again.