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Ripple Swell 2018: is not meant to Boost XRP Price, be careful

While Ripple holds the Swell Conference every year, the event has nothing to do with the XRP price on the rise. There are other parameters the price of XRP.
While Ripple holds the Swell Conference every year, the event has nothing to do with the XRP price on the rise. There are other parameters the price of XRP.

Are you buying XRP just for the Swell Conference?

If the answer to the question is Yes for you, you might be just doing a big mistake. While Ripple holds the Swell Conference every year, the event has nothing to do with the XRP price on the rise. There are other parameters the price of XRP depends on, Swell conference being less than 0.1% of it in our opinion. So do not go long on XRP just for the sake of one single event.

 

 

What happened during/after Swell 2017?

 

Yes, the price of XRP came down because no significant announcement was made and people were speculating a lot. The same could happen this year too.

 

Tell us your Opinion

What are your thoughts on the Ripple Swell event that starts tomorrow? Comment below and let other traders know what you have to say.

 

Have a safe trading.

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Written by Nadja Eriksson

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