XRP Price Lacks Momentum as Ripple's Swell Conference Underwhelms So Far
-
XRP price stagnant around $0.70 as Ripple's Swell conference disappoints investors so far. HSBC announced crypto custody service.
-
Ripple partnered with Onafriq to provide payment services in Africa. Market awaits major announcements from Swell.
-
XRP facing resistance at $0.74. Needs to break past for a rally. Support at $0.64 and $0.60.
-
New token launches and exchange listings typically bullish, reducing supply. Hacks prompt sell-offs.
-
Macro events like rate hikes impact crypto prices through dollar. Halvings constrict supply, driving up prices.