$0.25 Beckons But Where Is The Swell Conference Pump?

November 8, 2019 | By | Reply | 113 Readers More

  • Ripple’s Swell conference fails to stir pump in XRP breaking a two-year streak.
  • XRP is holding above $0.27 but is still in grave danger of testing $0.25.

Ripple is holding the 2019 Swell conference in Singapore. The event is in its second and is catching momentum with some great news from the company. Ripple has announced a news service, RippleNet Home that will connect its partners and allow them to collaborate for new markets.

While the Swell conference is swelling with great talk and good news about Ripple and its products, the same cannot be said about XRP. The token’s price has since the beginning of the conference broken several support areas. Prior to the conference, XRP briefly surged above $0.31. However, a double-top pattern formed leaving the door wide open for the bears to have their field day.

XRP/USD 4-hour chart

XRP/USD price chart
XRP/USD price chart by Tradingview

The reaction…

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