Prediction markets are increasingly betting on this XRP It will end in July 2026 above $1.20, according to data from Polymarket.
With less than 28 days left before the contract expires, traders are currently assigning a 70% probability that XRP will close the month above the $1.20 level.
the marketTitled “What price will XRP reach in July?”It reflects a largely bullish outlook for the cryptocurrency, although traders expect a limited upside beyond current levels.
At the time of the photo, XRP was trading at around $1.14, having risen steadily from around $1.05 at the beginning of July. The token rose approximately 8.5% during this period, indicating improved market sentiment.
At the same time, traders see a 16% chance of XRP reaching $1.40, while the probability drops to 4% for $1.60 and 3% for $1.80.
The market assigns only a 1% probability that XRP will reach $2 or higher during the month. Targets above $2.20 are also priced at around 1% or less, suggesting that traders expect any upside to remain relatively manageable.
At the same time, bearish outcomes appear less likely. probability Cryptocurrency A drop below $1 is 38%, while the probability of a drop below $0.80 is estimated at 5%. Markets are assigning just 2% odds for XRP to fall below $0.60 before the end of July.
Overall, traders expect XRP to continue its gains and end July above $1.20, while remaining below $1.40. Although the market sees a modest rise from the current $1.14 level, the odds of a rally toward $2 remain low.
XRP price analysis
By press time, XRP was trading at $1.14, up about 3.55% over the past 24 hours and about 8% on the weekly time frame.
From a technical perspective, the closest support for XRP is between $1.08 and $1.10, an area that the bulls need to defend to keep the current recovery intact.
Below that, the $1.00 to $1.05 range acts as a major psychological and structural support area. A decisive break below $1 could increase selling pressure and expose XRP to fall towards $0.90-$0.93.
The $0.90 to $0.98 area represents a deeper support area and would likely invalidate the current bounce thesis if it is broken.
On the upside, XRP faces immediate resistance at $1.15, where a major trend line is converging. A strong daily close above this level would strengthen the bullish case and open the door for a move towards $1.20, the next important resistance level.
Moreover, traders are monitoring the $1.35-1.40 range as a major barrier in the medium term.
