XRP Price: $2.1 Support Identified By Polymarket Traders, But There’s a Catch

Traders on Polymarket are pricing in a 99% chance that XRP price will trade above $2.10.

Institutional momentum, a supportive macro backdrop, and underlying strength from the XRP Ledger network continue to drive this confidence surge.

However, behind the optimism, questions remain about short-term stability and the possibility of a delayed selloff.

The Polymarket Trader’s Stance on $2.10 Support For XRP Price

In a major development, XRP traders are unwavering in their belief that the coin will maintain support at the $2.10 mark.

It is worth noting that this assertion is based on real-time predictions on Polymarket.

As of noon, the odds of XRP price closing above $2.10 were 99%, up sharply by 49% in just 24 hours.

It is essential to add that trading volume for this market option crossed $157,000. This reflects heavy retail and speculative interest in the outcome.

The shift in sentiment started on June 19 when odds began climbing from the 70% range to above 90%.

Notably, by early June 20, price movement on the Polymarket chart had pushed past 95% confidence.

Traders are now positioning with the belief that XRP will break through resistance and hold it.

This is a strong position in the market that has steadily firmed over the last three days. Despite the optimism, the market’s sharp pivot upwards also brings a note of caution.

For context, analysts warn that once the event timestamp passes. The sudden unwinding of positions could trigger a short-term correction if new buyers do not enter.

Until then, speculative demand is holding up the floor firmly.

XRP Seeing Institutional Interest, Odds of Massive Selloff Erased

It is worth noting that confidence in the XRP price’s strength does not come only from retail circles.

Everything Blockchain Inc. (EBZT) has committed to a new $10 million crypto treasury plan, confirmed to feature XRP, has caught the attention of crypto stakeholders.

Reports indicated that EBZT selected XRP as one of five coins in its multi-asset staking strategy.

EBZT is the first U.S. public equity firm to expose shareholders directly to staking rewards from the XRP network.

CEO Arthur Rozenberg emphasized that real money flows into blockchain networks that power tomorrow’s infrastructure.

This forward-thinking outlook signals Ripple Labs XRP’s critical role beyond speculative trades.

With plans to channel staking yields back to shareholders, EBZT could spark a wider trend among publicly traded firms looking to tap into blockchain networks.

This layer of institutional backing may reduce the chances of panic-driven selloffs following major price events.

XRPL Continues to Influence XRP Price Resilience

At the moment, market data shows that the XRP price was trading at $2.12, down by 1% in 24 hours.

Despite heavy selloffs in other altcoins, one reason XRP price continues to show unusual resilience is the increasing relevance of the XRP Ledger.

The network’s design, which revolves around fast settlement, low transaction costs, and institutional-grade features, has helped it remain competitive.

Notably, as more enterprises seek scalable blockchain solutions, the ledger’s efficiency is becoming a point of attraction.

EBZT’s inclusion of XRP in its treasury portfolio informs the market how these technical fundamentals feed directly into capital flows.

While Bitcoin and Ethereum remain the largest names in the market, coins like XRP benefit from rising demand for alternative networks built for real-world financial applications.

As the June 20 Polymarket event nears its close, XRP traders are betting on this combination of infrastructure strength and fresh capital to hold the $2.10 level.

However, once the prediction window shuts, attention may quickly shift to whether XRP can sustain momentum without artificial market anchors.

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