Ripple 4 Hour Price Update
Updated September 06, 2020 01:35 AM GMT (09:35 PM EST)
Ripple closed the last 4 hour candle down 0.09% ($0.0002); this denotes the 2nd candle in a row it has gone down. 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
The back and forth price flow continues for Ripple, which started today off at 0.2375 US dollars, down 6.68% ($0.017) from yesterday. As for how volume fared, yesterday’s volume was up 14.37% from the previous day (Friday), and up 104.11% from Saturday of 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. Below is a daily price chart of Ripple.
Ripple Technical Analysis
Notably, the current price of Ripple is sitting close to its 100 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 90 day horizon; over that time period, price has been moving up. It should be noted, though, that a trend in the opposite direction, going down, exists on the 30 day timeframe. If you’re looking to trade the primary trend, this may be a good opportunity to buy dips created by the counter trend. Or to view things another way, note that out of the past 10 days Ripple’s price has gone up 5 them.
Overheard on Twitter
Behold! Here are the top tweets related to Ripple:
- From roginjohnxxx03:
✨ $10 Giveaway ✨
[ 2 winners of $5 each ] • Follow me @yunna99x & @iamreed__
• Tag 3 friends below 🏷️
• Like and Retweet this if done ❤️♻️Ends after 24 hours⏳Prize can be in GCash , #TRX or #XRP - From XrpYoda:
The tipping point has now come, the new financial system is comingCBDCs 🇺🇸 🇬🇧 🇨🇦🇯🇵 🇨🇳 …. and so on.
All Bridged buy a digital assets, all on a level playing field We’re so early it’s crazy, 100% you will sell way to early The FOMO will melt faces #xrp#escrowmytweet - From Neloangelo314:
Xrp’s price has been stable at low levels for so, so long. Imagine it being stable at very high levels. By September’s end, our mindsets will be completely changed. Its already started. I’m glad as #Xrp holders we do not have to wake up and read that Xrp can no longer be traded.
In terms of news links for Ripple here’s one to try:
Can XRP Fit in Christine Lagarde’s Vision of EU’s Future Economy? Ripple CEO Might Just Think So
Yuri is a journalist interested in technology and technical innovations….John McAfee has taken to Twitter to praise Tesla’s plans about the revolution in the car industry, promising that Elon Musk will soon unveil them.
