Ripple 4 Hour Price Update
Updated July 25, 2020 01:36 AM GMT (09:36 PM EST)
0.2051 (USD) was the opening price of the four-hour candle for Ripple, resulting in the last 4 hour candle being one in which price moved down 0% ($0) from the last 4 hour candle. Ripple outperformed all 5 assets in the Top Cryptos asset class since the last 4 hour candle.
Ripple Daily Price Recap
The end of a 3 day positive run has come for Ripple, which finished yesterday down 2.06% ($0.0043). The price move occurred on volume that was down 35.22% from the day prior, but up 20.29% from the same day the week before. Those trading within the Top Cryptos asset class should know that Ripple was the worst performer in the class during yesterday. Let’s take a look at the daily price chart of Ripple.
Ripple Technical Analysis
The first thing we should note is that the current price of Ripple is sitting close to its 20, 100 and 200 day moving averages; moving average crosses often indicate a change in momentum, so this may be worth keeping an eye on. 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. Trend traders will want to observe that the strongest trend appears on the 30 day horizon; over that time period, price has been moving up. For another vantage point, consider that Ripple’s price has gone up 7 of the previous 14 trading days.
Overheard on Twitter
Over on Twitter, here were the top tweets about Ripple:
- From Jo0hnnay:
Giveaway time since I love yal ❤️$300 in $USDT to 3 lucky winners. Step 1: Must like and retweet this. Step 2: tag 2 friends that you want to split the $300 with Step 3; must follow me!Winners drawn on 7/26: 100% legit !$RSR $LINK $BTC $DAG $XRP $DGB $XTZ $ETH $UBT
- From AndrewP47809396:
Are you ready for the Banks to fight over you when they find out how much XRP you own? Are you ready to walk into a local branch and have the place go silent just before the tellers turn to one another and whisper “that’s him.” 😎
- From AndrewP47809396:
My wife has trusted me so implicitly on our XRP investment that we rarely speak of it. I told her yesterday about the news and said “we gonna be rich, we got lots of XRP.” She then asked “wait, how much of our money have you invested in XRP?”…GULP 😬
In terms of news links for Ripple here’s one to try:
Ripple partner’s alliance may give way to Japan-Vietnam corridor – AMBCrypto
At the same time, Ripple has many connections for a possible corridor between Japan and the Phillippines, but even that has not been announced yet….Ripple could establish an important remittance corridor between Japan and Vietnam, giving way to more liquidity.