Ripple 4 Hour Price Update
Updated July 13, 2020 01:36 AM GMT (09:36 PM EST)
Ripple came into the current 4 hour candle up 0.45% ($0.0009) from the open of the last 4 hour candle, marking the 2nd candle in a row an increase has occurred. Those trading within the Top Cryptos asset class should know that Ripple was the worst performer in the class during the last 4 hour candle.
Ripple Daily Price Recap
Ripple entered today at $0.2012, down 0% ($0) from yesterday. The change in price came along side change in volume that was down 23.27% from previous day, but up 33.36% from the Sunday 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 yesterday. Let’s take a look at the daily price chart of Ripple.
Ripple Technical Analysis
Coming into today the current price of Ripple is sitting close to its 50, 100 and 200 day moving averages; moving average crosses often indicate a change in momentum, so this may be worth keeping an eye on. Trend traders will want to observe that the strongest trend appears on the 14 day horizon; over that time period, price has been moving up. For another vantage point, consider that Ripple’s price has gone down 16 of the previous 30 trading days.
Overheard on Twitter
Behold! Here are the top tweets related to Ripple:
- From ShakoDoggo:
Put all your money in $LINK guys, the $XRP train is about to leave and I want some space for my cardboard boxo. Too much people on the train and doggo can’t move a bito. Once you all realize that you chased a 10% LINK gain over a $1500+ per XRP you’ll shit 13 types of colors.
- From burnolympia:
Been away from crypto a bit focusing on my business. It’s been a really healthy step back to be honest & helped me realize that: 1.) I was too focused on XRP & there’s so much more to life I missed out on. 2.) We are VERY early. 3.) We are VERY lucky to know about XRP right now.
- From X__Anderson:
I don’t like to talk prices but…
At a $100 XRP, market cap would be $10 Trillion but since half of all XRP is in escrow, market cap on available supply would be $5 Trillion. Global gold supply is valued at $8 Trillion. Not financial advice.
As for a news story related to Ripple getting some buzz:
Job Application for Quantitative Developer, Data & Institutional Markets at Ripple
Ripple is growing and we are looking for a Quantitative Developer to help build tools to monitor market activity and liquidity for XRP as we scale our payment products in new markets around the world….Classification of protected categories is as follows: A “disabled veteran” is one of the following: a veteran of the U.S. military, ground, naval or air service who is entitled to compensation (or who but for the receipt of military retired pay would be entitled to compensation) under laws administered by the Secretary of Veterans Affairs; or a person who was discharged or released from active duty because of a service-connected disability….Disabilities include, but are not limited to: Federal law requires employers to provide reasonable accommodation to qualified individuals with disabilities.