XRP price is on the move once again!

Hello everyone,

Even though it seems the cryptocurrency markets are undergoing correction with some coins dipping down double digits, one coin that has been very steady and seen a rise of almost 33% over the past few days is Ripple's native token XRP. XRP reached little over 0.28 USD for a while today before sliding back down below 0.28 level. What is even more significant is the rise in the market cap that is once again over 10 billion USD. What seems to be driving the price of XRP now is the SWELL by Ripple conference that will take place from 16 - 18 Oct. The recent rise might not be over just yet and the price still has room to rise before the conference starts. The question all of us that are fans of Ripple now is if the price will sustain after the conference is over or if the correction will take place after the event is finished. It is all based on the fact how the conference will go and if any major announcements will come out of it. I personally believe that there will be some positive news coming out by the end which will hopefully not only sustain the recent gains but will also increase the price of XRP even further. After all the Ripple is solving a real problem of the ancient system of money transfers that is slow and expensive and when the adoption by big banks takes place the price of XRP will increase significantly. Those are just my thoughts but one thing I am certainly happy about right now is the fact that all the haters of XRP are at least quite for now as they have nothing bad to say when the price movement is positive. Let's see what Swell brings to us. Have a great day everyone.