Ripple 4 Hour Price Update
Updated August 04, 2020 03:19 PM GMT (11:19 AM EST)
0.3023 (USD) was the opening price of the four-hour candle for Ripple, resulting in the previous 4 hours being one in which price moved up 0.97% ($0.0029) from the previous 4 hours. Out of the 5 instruments in the Top Cryptos asset class, Ripple ended up ranking 3rd for the four-hour candle in terms of price change relative to the previous 4 hours.
Ripple Daily Price Recap
Ripple entered today at $0.3103, up 7.82% ($0.0225) from the previous day. The change in price came along side change in volume that was down 33.98% from previous day, but up 43.2% from the Monday of last week. Ripple outperformed all 5 assets in the Top Cryptos asset class since the previous day. Congrats to its holders! The daily price chart of Ripple below illustrates.
Ripple Technical Analysis
The clearest trend exists on the 14 day timeframe, which shows price moving up over that time. For additional context, note that price has gone up 9 out of the past 10 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 AndrewP47809396:
Oh, I’ve invested far more than I can “afford to lose”…I tend to ask “if I don’t invest big, what am I willing to miss out on if XRP succeeds,” rather than “what will I lose if it fails.” If it fails I’ll work til retirement like everyone else. Life will remain as it is. ?♂️
- From xrp_mami:
I miss holding ETH. That was my #2 behind XRP back in the day. I have a feeling ETH is going to run hard 2020. Only thing is, the multipliers for profits on XRP is way higher and requires less capital for larger gains, so I’m sticking to my gut and 100% all in on the zerps.
- From CryptoJustinUK:
Hey @coinbase how about putting a push notification out about #XRP being 5% up in the last hour, like you’ve sent me in the past for BTC, ETH and LTC. Given #XRP is the 3rd coin too above LTC this should be send to show unbiased views.
As for a news story related to Ripple getting some buzz:
Ripple and R3 Team Up with 12 Banks to Trial XRP for Cross-Border Payments | Ripple
#Fintech company @R3CEV trials Ripple’s XRP to scale liquidity, reduce costs of cross-border #payments….Rather than relying on nostro accounts to hold various currencies around the world, banks can enable real-time value exchange by using an independent digital asset.