| Outcome | Probability | Yes Bid | Yes Ask | 24h Change | Volume | |
|---|---|---|---|---|---|---|
| Target Price: $1.39200 | 0% | 0¢ | 0¢ | — | $0 | Trade → |
This market asks whether XRP will hit the $1.39200 price target within a specified 15‑minute observation window; short-window price targets matter because they isolate immediate liquidity and event-driven moves. Outcomes help traders express views on near-term microstructure and news sensitivity for XRP.
XRP is a high‑volume cryptocurrency that has exhibited frequent intraday volatility driven by macro moves, crypto market structure, and legal or partnership developments tied to Ripple. Markets that use very short observation windows (15 minutes) emphasize order-book liquidity, algorithmic trading, and time‑sensitive news rather than longer-term fundamentals.
Prediction market odds for this contract summarize the collective expectation about whether the designated price condition will be met during the event's 15‑minute window; they move as participants trade on new information and order flow, and reflect market-implied likelihoods rather than guarantees.
The market operator sets a single 15‑minute observation window that will be used to determine resolution; the exact start/end times are specified by the operator before or at market close. Because this event currently lists 'Closes: TBD', participants should consult the operator’s event page or rules for the announced window timing once published.
Resolution typically depends on whether the official reference price (often a trade print or aggregated spot feed) equals or exceeds $1.39200 at any time within the 15‑minute window. The contract’s official rules will state whether a trade print, bid/ask quote, or an aggregated midprice is used for determination.
Resolution uses the data sources specified by the market operator for this event—commonly an aggregation of major spot exchange trade prints or a single designated reference exchange. Check the event’s resolution section or operator documentation to see the exact feeds that will be authoritative.
Whether a millisecond‑level print counts depends on the operator’s resolution rules; many contracts accept any trade print that meets or exceeds the target within the window, but some require sustained prints or use filtered aggregated feeds. Refer to the market’s resolution criteria for the definitive rule.
Contingency procedures are defined by the market operator and may include using an alternative feed, shifting the observation window, delaying resolution, or voiding the event. Participants should review the operator’s force‑majeure and resolution policies for how outages and halts are handled.