Coinbase options data signals XRP price swing of 8.7% by Nov. 8

Coinbase, a leading US-based cryptocurrency exchange, has published options market data suggesting that XRP could experience a significant price swing of approximately 8.7% by November 8. The analysis is based on implied volatility derived from options contracts, reflecting traders’ expectations of the scale of potential price movement. XRP and Solana currently top the list for the largest projected price movements among leading cryptocurrencies, with both assets showing an 8.7% expected price change. This forecast is calculated by analyzing the market’s pricing of options, which indicate how traders are positioning for volatility within a specific time frame.

Source: CoinTurk News