Ripple 4 Hour Price Update
Updated June 23, 2020 01:36 AM GMT (09:36 PM EST)
Ripple came into the current 4 hour candle up 0.64% ($0.0012) from the open of the last 4 hour candle, marking the 3rd candle in a row an increase has occurred. Relative to other instruments in the Top Cryptos asset class, Ripple ranked 2nd since the last 4 hour candle in terms of percentage price change.
Ripple Daily Price Recap
The back and forth price flow continues for Ripple, which started today off at 0.1895 US dollars, up 1.99% ($0.0037) from the previous day. The change in price came along side change in volume that was up 101.16% from previous day, but down 25.93% from the Monday of last week. On a relative basis, Ripple was the worst performer out of all 5 of the assets in the Top Cryptos asset class during the previous day. Below is a daily price chart of Ripple.
Ripple Technical Analysis
Coming into today Ripple is now close to its 20 and 100 day moving averages, which may act as price barrier for the asset. 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 10 days Ripple’s price has gone down 6 them.
Overheard on Twitter
Over on Twitter, here were the top tweets about Ripple:
- From xrp_mami:
If you ever question #xrp use case & adoption, just remember @Ripple has been working with the banks since at least 2012 to create a product that would properly suit them, & today they are valued at $10billion. I think they have it all figured out. Rome wasn’t built in a day! 🚀
- From hellen4327:
When I first bought XRP in 2017, I wanted it to moon so I didn’t have to work anymore. Now I want it to moon so I can work on projects that are more meaningful and important to me. There’s power in the pause if you let it change your perspective.
- From scoinaldo:
I will get some serious hate for that, but I stand by my opinion:$XRP, $BCH, $BSV, $LTC and $EOS absolutely do NOT deserve belonging to the TOP 10 cryptocurrencies.Actually can’t wait until they vanish and clear the way for solid candidates like $VET, $LINK, $XTZ or $ATOM.
In terms of news links for Ripple here’s one to try:
Ripple meets Central Bank of Cambodia, SBI Asia to implement ODL
SBI Ripple Asia aims to provide Asian financial institutions and payment service providers with a next generation payment platform based on blockchain technology….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.
