Ripple 4 Hour Price Update
Updated July 03, 2020 03:20 AM GMT (11:20 PM EST)
Ripple is up 0.34% ($0.0006) since the previous 4 hours, marking the 3rd candle in a row an upward move has occurred. Out of the 5 instruments in the Top Cryptos asset class, Ripple ended up ranking 2nd for the four-hour candle in terms of price change relative to the previous 4 hours.
Ripple Daily Price Recap
Ripple entered today at $0.1749, down 0.91% ($0.0016) from yesterday. As for how volume fared, yesterday’s volume was up 19.6% from the previous day (Wednesday), and up 8.87% from Thursday of the week before. Ripple outperformed all 5 assets in the Top Cryptos asset class since yesterday. The daily price chart of Ripple below illustrates.
Ripple Technical Analysis
The clearest trend exists on the 14 day timeframe, which shows price moving down over that time. For additional context, note that price has gone down 8 out of the past 14 days.
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 XRPMOONSHINE:
There is a 0% chance of me selling any #XRP before my price target is reached.No other Digital Asset has this type of Fundamentals, Use Cases and Utility.No other digital asset is backed by a company like @Ripple They will not shake me out.Retweet if you feel the same!
- From sentosumosaba:
We learned today about the Ripplenet transactions increase for HBN Bank, which SBI has a stake in, as well as an 8% share in Ripple Partner C. Bank Ceylon, Sri Lanka. When #XRP achieves liquidity in these corridors ODL Asia is going to be absolutely mind blowing @yoshitaka_kitao
- From kaboom12344:
For me a final shake out is not dropping the price to 10 cents. As most people will HODL and buy more. The shake out will be all coins rise 50% except XRP.
I can guarantee a lot will jump ship to chase them gains…. and then the switch will be flipped. Just my opinion.
For a longer news piece related to XRP that’s been generating discussion, check out:
Why Real-Time Payments Are More Important Than Ever | Ripple
Interest and demand in digital payment services is escalating, as people around the world increasingly require access to instant and reliable means of paying and transferring money….ODL eliminates the complex IOU infrastructure by allowing financial institutions to leverage the XRP ledger and digital assets as a means of instant settlement to avoid pre-funding.