Swell the News? XRP Drops 5% as Ripple’s Flagship Event Kicks Off

Swell the News? XRP Drops 5% as Ripple’s Flagship Event Kicks Off

Ripple’s annual Swell conference has failed to induce positive price action for associated token XRP, data following the event shows. Price data from Coin360 covering XRP/USD showed selling pressure take over on Nov. 7, as the two-day conference continues.

Having reached local highs above $0.30 on Monday, the pair began expanding as Swell began but subsequently saw a rejection at just above $0.31.

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