This event has ended. Showing historical data.
Events
GroupPOLYMARKET
Event GroupPOLYMARKETCrypto
XRP Up or Down - January 29, 6:00PM-6:15PM ET
Total Volume
$0.00
Events
1
Markets
1
XRP Up or Down - January 29, 6:00PM-6:15PM ET
Platform StatsQuick Platform Comparison
Polymarket
1
markets · $0.00
Kalshi
0
markets · $0.00
Price Spread
0.0%avg
max 0.0%
Arbitrage
0
of 0 cross-platform
Price ChartMatched Markets Price Graph
1 market tracked
XRP Up or Down - January 29, 6:00PM-6:15PM ET
No data available
Single-Platform Markets(1)
| Market | Platform | Price |
|---|---|---|
| Poly | 50% |
AI Analysis
Trader mode: Actionable analysis for identifying opportunities and edge
50%
Top Probability
$0.00
Volume
1
Markets
1
Platforms
About This Event
This market will resolve to "Up" if the XRP price at the end of the time range specified in the title is greater than or equal to the price at the beginning of that range. Otherwise, it will resolve to "Down". The resolution source for this market is information from Chainlink, specifically the XRP/USD data stream available at https://data.chain.link/streams/xrp-usd. Please note that this market is about the price according to Chainlink data stream XRP/USD, not according to other sources or spot
What Prediction Markets Are Forecasting
Traders on Polymarket currently give XRP only a 4% chance of rising in price between 7:15 AM and 7:30 AM ET on January 20. This means the collective view is that a price increase in that specific 15-minute window is very unlikely, roughly a 1 in 25 chance. The market strongly expects the price to be flat or down at the end of that brief period.
Why the Market Sees It This Way
Two main factors explain these low odds. First, predicting very short-term price movements for any asset is extremely difficult, akin to guessing a coin flip. Markets often price these near-term, random movements close to 50/50. The fact that the "Up" probability is priced at just 4% suggests a specific, bearish tilt for that window.
Second, this specific time frame may align with known market patterns or events. Major cryptocurrency prices, including XRP, are often influenced by the daily settlement of large institutional trading activity around market opens. The 7:15-7:30 AM ET window falls just after traditional U.S. equity and futures markets open at 9:30 AM ET. This can be a period of heightened volatility where early morning price moves stabilize or reverse. Traders might be betting that any initial morning momentum will have faded by this precise quarter-hour.
Key Dates and Events to Watch
The only event that matters for this market is the clock. The outcome will be determined solely by the XRP/USD price on the Chainlink data stream at 7:15 AM versus 7:30 AM ET on January 20. No news announcements or broader market events will directly change this market's odds, as it is a pure bet on a 15-minute snapshot. The market will resolve immediately after 7:30 AM ET.
How Reliable Are These Predictions?
Prediction markets are generally reliable at aggregating crowd wisdom for events with clear, timely outcomes. For a simple, mechanically-resolved question like this, the market price is an efficient snapshot of collective sentiment at that moment. However, for ultra-short-term price predictions, the "wisdom of the crowd" has significant limits. Financial prices over minutes are driven by noise and microstructure, not just predictable information. While the market odds are a genuine reflection of trader bets, their accuracy for this task is not much better than a random guess. The low trading volume of $84,000 also means the view represents a relatively small group of active participants.
Current Market Outlook
The Polymarket contract for XRP's price movement between 7:15 AM and 7:30 AM ET on January 20 is trading at 4 cents for the "Up" outcome. This price indicates a 4% implied probability that XRP will close higher after this specific 15-minute window. The market is assigning a 96% chance the price will be flat or down. With only $84,000 in total volume, liquidity is thin, making the price more sensitive to small trades. A 4% probability shows the market views a brief, early-morning rally as very unlikely.
Key Factors Driving the Odds
The extremely low probability reflects the nature of ultra-short-term crypto price prediction. Predicting direction over a 15-minute span is functionally a guess, heavily influenced by random market noise rather than fundamental news. The timing, early on a Saturday morning in the Eastern Time zone, typically corresponds with lower trading volume and volatility in crypto markets, reducing the likelihood of a sharp, sustained move. Furthermore, XRP has shown no major catalyst in recent sessions that would suggest a coordinated move would occur precisely in this window. Markets price these micro-timestamps as near-random walks.
What Could Change These Odds
For a market resolving imminently or already past due, the odds are effectively locked. However, analyzing the setup beforehand, only a sudden, material news event directly impacting XRP—such as an unexpected SEC statement or a major exchange announcement—in the minutes leading up to 7:15 AM ET could have shifted probabilities. Even then, the 15-minute window is so brief that a classic "buy the rumor, sell the news" spike could see the price reverse before the 7:30 AM cutoff, keeping the "Down" outcome likely. In thin overnight liquidity, a single large market order could also temporarily manipulate the Chainlink oracle price, but this is a low-probability edge case.
Background on XRP Price Drivers
XRP's price remains heavily influenced by the ongoing legal battle between Ripple and the U.S. Securities and Exchange Commission. Major court rulings on whether XRP is a security cause significant volatility. Broader crypto market sentiment, especially movements in Bitcoin, also drives daily price action. Outside of these macro factors, short-term price changes are dominated by technical trading and order book dynamics, not long-term value assessments. This makes 15-minute predictions exceptionally difficult, a fact clearly reflected in the market's 4% "Up" price.
AI-generated analysis based on market data. Not financial advice.