XRP gains over 2% on Monday, trades above $0.5400.
Ripple Swell, the annual conference held for the payment firm’s partners and clients, is scheduled for October 15 and 16.
XRP eyes return to $0.60, the key psychological barrier for the altcoin.
Ripple (XRP) trades above $0.5400 early on Monday. The altcoin added over 2% to its value on the day, ahead of a key event. Ripple, a cross-border payment remittance firm, is gearing up for its annual conference called Ripple Swell.
The event is held for partners and clients of the firm and focuses on showcasing new developments and technology introduced by Ripple.
XRP holders watch the event closely for announcements and updates on the stablecoin project Ripple USD (RUSD) and the firm’s custody solutions.
Daily Digest Market Movers: Ripple Swell is likely the catalyst behind XRP gains
Ripple Swell is the firm’s annual flagship event where executives talk about the latest updates in…
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