Price Prediction
Coinbase Options Data Indicates Expected 8.7 Percent Move for XRP
Coinbase options market data shows that traders expect an approximate 8.7% price move for XRP by November 8. Solana shares the same expected price move of 8.7%, while Ethereum has an expected move of 7.7% and Bitcoin stands at 5.8%. Based on options-implied volatility, this expected move does not indicate direction, but suggests XRP could trade within an estimated range of $1.14 to $1.36. XRP was trading around $1.25 when the report was published. The figures represent a standard deviation calculation, reflecting roughly a 68% statistical probability.