XRP Surges 31% Ahead of Ripple's Swell Conference, Hitting 2-Month High
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XRP has seen a 31% surge over the past 3 weeks since mid-October, reaching an August high of $0.6424.
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The upcoming Ripple Swell conference in Dubai on November 8-9 is expected to impact XRP's price despite Ripple's disconnection from the asset.
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The event may lead to major announcements that could generate bullish sentiment in the market.
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Investors who entered in mid-October may consider selling to trigger a surge and redistribution of XRP.
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The anticipation around the conference underscores how events can drive cryptocurrency price movements.