"Trade of the Year" for Ripple's XRP Predicted by Cryptocurrency Analyst

Libra Coin News
Sun, 10/13/2019 - 12:01
Alex Dovbnya
Famed crypto trader continues to hype up the XRP community, which is eagerly anticipating another major price move
Cover image via U.Today

Cryptocurrency trader 'Galaxy' continues to push the narrative that the XRP price will explode ahead of Ripple's annual event, which is known as Swell. 

He forecasts that this is going to be "the trade of the year" for all XRP traders. Hence, he advises his followers to long the third biggest currency two weeks before the event that is expected to take place on Nov. 7-8.     

Notably, the much-anticipated conference made the XRP price "swell" by nearly 220 percent in 2018.   

Ripple’s Xpring Joins Forces with BRD Wallet to Expose XRP to 2.5 Mln Global User-Base

As reported by U.Today, former US President Bill Clinton was a keynote speaker at last year's Swell event where he took a stand against overregulating the nascent industry. 

XRP is currently trading at $0.277 after a 1.68 percent uptick over the last 24 hours, CoinStats data shows. Earlier, "Galaxy" predicted that XRP could experience exponential growth after printing a bullish MACD crossover on its weekly chart.   

About the author

Alex Dovbnya (aka AlexMorris) is a cryptocurrency expert, trader and journalist with an extensive experience of covering everything related to the burgeoning industry — from price analysis to Blockchain disruption. Alex authored more than 1,000 stories for U.Today, CryptoComes and other fintech media outlets. He’s particularly interested in regulatory trends around the globe that are shaping the future of digital assets.

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