Ripple 4 Hour Price Update
Updated July 02, 2020 01:35 AM GMT (09:35 PM EST)
0.1769 (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 up 0.45% ($0.0008) from the last 4 hour candle. 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 0.1765 US dollars, up 0.74% ($0.0013) from yesterday. This move happened on lower volume, as yesterday’s volume was down 1.79% from the day before — and down 18.79% from the same day the week before. Out of the 5 instruments in the Top Cryptos asset class, Ripple ended up ranking 4th for the day in terms of price change relative to yesterday. Here is a daily price chart of Ripple.
Ripple Technical Analysis
Coming into today Ripple is now close to its 20 day averages, located at 0.19 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 14 day horizon; over that time period, price has been moving down. For another vantage point, consider that Ripple’s price has gone down 8 of the previous 14 trading days.
Overheard on Twitter
Behold! Here are the top tweets related to Ripple:
- From rachelleskinner:
Had a colleague tell me they don’t believe in crypto because it’s not real, you can’t hold it or touch it. So I sent him an email that said hey I’ll buy your lunch. When he showed up to claim it I said email is not real. You can’t hold it or touch it. #XRP
- 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.