XRP price prediction: options market prices an 8.7 percent swing to November 8

The information provided in this article is for informational purposes only and does not constitute financial advice. Cryptocurrency investments carry a high degree of risk. Always conduct your own research.XRP options are pricing a move of about 8.7 percent through Sunday, 1.76 times a typical week and the highest premium among the large coins. What range follows from that, what it means for leveraged positions and why the CLARITY Act is wobbling after the election.Add as a preferred source on GoogleFollow on Google NewsThe options market expects XRP to swing by about 8.7 percent in either direction through Sunday, November 8. Measured from the Wednesday morning price, that gives a range of roughly $1.16 to $1.38. What is established: the figure comes from Coinbase Markets data, and no other large coin carries such a high premium relative to its usual weekly move. Our assessment follows further down. For months, the premium has been the rule for XRP, so the edges of the range work better as alarm levels than as price targets. Where the price could head over a horizon of months is covered in our XRP price prediction. This piece is about the next four days: the week after the US ele...