No “Swell Pump” This Year? Analyst Scraps his Swell Driven XRP Price Prediction

The past few years of Ripple's SWELL event has brought on a rise in the XRP coin price, but prominent analyst doesn't see that happening in 2019.No “Swell Pump” This Year? Analyst Scraps his Swell Driven XRP Price Prediction

The past few years of Ripple's SWELL event has brought on a rise in the XRP coin price, but prominent analyst doesn't see that happening in 2019.https://twitter.com/VentureCoinist/status/1188501247483170816?s=20.And for the fact that XRP has been up in USD, Martin says “if something is underperforming Bitcoin, yet up in USD, it's a better use of capital to be in Bitcoin.”

“If something is outperforming bitcoin…then it will be doing better vs USD than bitcoin,” he added.

However, not everyone has lost their hopes yet. Meanwhile, some are glad for the lack of pump as no pump means no dump after the event.

The last two times in 2017 and 2018, XRP price surged 115% and 220% two weeks before the event only to drop 43% and 51% respectively after the Swell.

Now, it’s to be seen if XRP will finally pump or if it will be no Swell Pump this time. There was also a big movement from the Ripple escrow wallet of 1 billion XRP being unlocked.