Ripple 4 Hour Price Update
Updated June 26, 2020 01:36 AM GMT (09:36 PM EST)
0.1816 (USD) was the opening price of the four-hour candle for Ripple, resulting in the previous 4 hours being one in which price moved down 0.55% ($0.001) from the previous 4 hours. Those trading within the Top Cryptos asset class should know that Ripple was the worst performer in the class during the previous 4 hours.
Ripple Daily Price Recap
Ripple came into today down 1.09% ($0.002) from the open of the previous day, marking the 3rd day in a row it has gone down. The change in price came along side change in volume that was down 10.78% from previous day, but up 5.71% from the Thursday of last week. Those trading within the Top Cryptos asset class should know that Ripple was the worst performer in the class during the previous day. Below is a daily price chart of Ripple.
Ripple Technical Analysis
Volatility for Ripple has been contracting over the past two weeks relative to volatility over the past month. Whether volatility reverts will be something to watch. The clearest trend exists on the 14 day timeframe, which shows price moving down over that time. Or to view things another way, note that out of the past 14 days Ripple’s price has gone down 9 them.
Overheard on Twitter
Over on Twitter, here were the top tweets about Ripple:
- From digitalassetesq:
I have insider information. A friend in Ripple. We’ll call her Susie Secret. She told me that Ripple has a set price for XRP in October 30, 2020! That’s when it’s all going to happen! On October 30, 2020, XRP will be worth One XRP per XRP. I’ll delete my account if wrong.
- From Spanysh_FLi:
So @coinbase has a new security feature for withdrawals it has to go through a clearing process & it will take 3 Days for my Xrp to reach the receiving wallet😳 you get a text with an option to cancel the transfer. This feels like a bank ACH!
- From xxmikecheckxx:
BTW the Link army trying to bash on the $XRP community specifically is to get more hype and wallets created for Chainlink…
It’s easy to taunt people from $XRP community and try to make them feel stupid but the $LINK army is telling everyone to get in at the all time high.
As for a news story related to Ripple getting some buzz:
Ripple And SBI Holdings to Launch ODL Service For RippleNet Using XRP in Asia in 2020
The joint venture of Ripple Asia and SBI Holdings, also known as SBI Ripple Asia, has announced its plans of launching On-demand Lqiuiduty (ODL) solutions using XRP in Asia this year….The announcement was made by the CEO SBI Ripple Asia, Adam Traidman, during an interview on June 18, where he talked about the popularity of Ripple in Asia and how expanding ODL services would be the right move as it offers much cheaper cross-border remittance services.
