Ripple 4 Hour Price Update
Updated June 08, 2020 01:36 AM GMT (09:36 PM EST)
Ripple entered the current 4 hour candle at $0.2032, down 0% ($0) from the last 4 hour candle. Out of the 5 instruments in the Top Cryptos asset class, Ripple ended up ranking 3rd for the four-hour candle in terms of price change relative to the last 4 hour candle.
Ripple Daily Price Recap
The back and forth price flow continues for Ripple, which started today off at 0.2033 US dollars, down 0.2% ($0.0004) from the previous day. The change in price came along side change in volume that was up 23.41% from previous day, but down 12.53% from the Sunday of last week. Relative to other instruments in the Top Cryptos asset class, Ripple ranked 4th since the previous day in terms of percentage price change. The daily price chart of Ripple below illustrates.
Ripple Technical Analysis
Notably, Ripple is now close to its 20, 50, 100 and 200 day averages, located at 0.2, 0.2, 0.19 and 0.21 respectively, and thus may be at a key juncture along those timeframes. Trend traders will want to observe that the strongest trend appears on the 90 day horizon; over that time period, price has been moving up. Or to view things another way, note that out of the past 30 days Ripple’s price has gone up 15 them.
Overheard on Twitter
For laughs, fights, or genuinely useful information, let’s see what the most popular tweets pertaining to Ripple for the past day were:
- From lordvendettaxrp:
People risking their lives for crumbs, going to jail for crumbs and doing bad things for crumbs. But when I tell them to invest in $XRP, it will gives you everything you ever wanted in your life. Just invest, learn and be patient. they tell me: i’m afraid of losing my money 🤦🏻♂️🤦🏻♂️
- From JoelKatz:
@tylerwinklevoss That’s quite a leap there. I’d like to hear you flesh out how exactly you get from “SEC has jurisdiction over market manipulation by a crypto exchange that lists lots of low-cap coins but not XRP” to “Ripple is a security”.
- From galgitron:
For those of you relatively new to the XRP space. Western Union already trialed ODL (was xRapid at the time) some time back and decided not to use it. They don’t need to purchase MoneyGram to have RippleNet if they changed their minds.
As for a news story related to Ripple getting some buzz:
US Consumer Protection Agency: Ripple (XRP) will transform market
Already in May of this year, the CFPB honored Ripple, emphasizing the potential of the digital asset XRP: A few days ago the Ripple Community voted on a new feature that will activate the XRP Ledger with a narrow majority….About usContact usLegalsData protection policy *= Affiliate-Link Risk warning and disclaimer: The contents of this website are intended solely for the entertainment and information of readers and do not provide investment advice or a recommendation within the context of the Securities Trading Act.
