Kalshi positioning points to possible $1.30 XRP rebound

U.Today reports that traders on Kalshi are positioning for a possible XRP reversal toward at least $1.30 during November. The proposed rebound comes after XRP lost the $1 level, which the outlet describes as a continuation of the asset’s sharp decline. No other outlet covered the report, so the size, structure and individual positioning of the bets were not independently corroborated. Live market data show XRP at $0.918252, putting it roughly $0.08 below $1 and well beneath the $1.30 level referenced by Kalshi traders. Its market capitalization stands at $58.32B. Momentum has been negative on both measured windows: XRP is down 8.89% over 24 hours and 20.69% over seven days, underscoring the scale of the move from which a reversal would occur. The weakness extends beyond XRP. Bitcoin has fallen 7.31% over the past 24 hours, while the total crypto market capitalization is $2.2T and the broader market is broadly lower. The Fear & Greed reading is 10, classified as Extreme Fear, providing context for the risk-off conditions surrounding the reported November bets. The development matters because Kalshi positioning offers a market-based signal of expectations for XRP despite its recent losses. It does not establish that a rebound will occur or provide a reliable trading strategy. For readers following the story, the relevant questions are whether XRP can regain the $1 threshold and how its price develops relative to the $1.30 target while Bitcoin weakness and extreme fear persist across the wider market.