XRP Price Outlook: 5% Chance of Surpassing $3.50 by End of May

XRP is currently trading at $2.62 with a strong monthly gain of 22.4%, but traders remain cautious about its future price. Polymarket, a decentralized prediction market, predicts only a 5% chance of XRP reaching the $3.50 mark by May’s end. This low probability reflects trader skepticism despite recent positive developments in the XRP ecosystem. While XRP has shown impressive performance recently with a 3.4% gain over the past day, and a monthly gain of 22.4%, Polymarket suggests traders are more doubtful of it hitting new all-time highs by May’s end. A significant majority predict a price stagnation at $2.80. However, bullish crypto analysts remain optimistic about XRP’s potential to break through resistance levels. Prominent figures like crypto founder Vandell Aljarrah have expressed their belief in the future growth of XRP.