XRP has posted a 58% rally in just one week, with traders on prediction market Kalshi betting on the token hitting $1.70 before the end of August. This prediction has already proven accurate as XRP recovered to $1.69 on August 22. The rally is cooling off though, with daily gains dropping to around 9% and the price hovering around $1.50. Analysts still believe a move past $1.70 remains possible this month if the bullish momentum continues.
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