Ripple 4 Hour Price Update
Updated July 04, 2020 07:19 AM GMT (03:19 AM EST)
Ripple came into the current 4 hour candle up 0.06% ($0.0001) from the open of the previous 4 hours, marking the 2nd candle in a row an upward move has occurred. Relative to other instruments in the Top Cryptos asset class, Ripple ranked 2nd since the previous 4 hours in terms of percentage price change.
Ripple Daily Price Recap
The choppiness in the recent daily price action of Ripple continues; to start today, it came in at a price of 0.1764 US dollars, up 0.86% ($0.0015) since yesterday. This move happened on lower volume, as yesterday’s volume was down 14.87% from the day before — and down 23.25% from the same day the week before. On a relative basis, yesterday was pretty good: Ripple bested all 5 of the assets in the Top Cryptos class 🙂 Here is a daily price chart of Ripple.
Ripple Technical Analysis
Coming into today Ripple is now close to its 20 day moving averages, which may act as price barrier for the asset. Trend traders will want to observe that the strongest trend appears on the 14 day horizon; over that time period, price has been moving down. Or to view things another way, note that out of the past 30 days Ripple’s price has gone down 16 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 Pickle_cRypto:
Anyone who does a $LINK ‘giveaway’ for follows deserves a block. We are a better community than that. I don’t want some shithouse influencer jumping on the bandwagon and superseding the OGs as the voice of the marines. That shits for XRP and LTC and TRX and all the usual garbage
- From CredibleCrypto:
Special #FF today goes out to two accounts that have been instrumental in the fight against FUD for $XRP. @galgitron and his blog are chalk-full of FUD busting info.@sentosumosaba is my new favorite source for $XRP news. Follow them if you want the REAL FACTS about $XRP!
- From thebearablebull:
Ripple’s developments have only shown me that XRP’s plans are not only Happening… but have been Accelerated due to current events (Corona)CBDCs:
Dollar/Yuan/Euro/YenBRICS NationsGold & Judy SheltonOne of my favorites has been the *Cloud*.. underdiscussed IMO
In terms of news links for Ripple here’s one to try:
Ripple’s XRP Granted with Approval for Money Transfers by U.S.
Ripple’s XRP has got approval for being used in cross-border money transfers from the U.S.Consumer Financial Protection Bureau….Ripple‘s XRP has received permission from America’s Consumer Financial Protection Bureau….The Bureau stated: “The Bureau has continued to monitor…the continued growth and expanding partnerships of virtual currency companies, such as Ripple, which offer both a payment messaging platform to support cross-border money transfers as well as a virtual currency, XRP, which can be used to effect a settlement of those transfers.” This comes at a time when cryptocurrencies continue to face regulatory scrutiny….This has made Ripple labs to become one of the newest heavy hitters in the financial space.
