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…