Ripple 4 Hour Price Update
Updated September 16, 2020 01:35 AM GMT (09:35 PM EST)
Ripple closed the previous 4 hours down 0.57% ($0.0014); this denotes the 3rd candle in a row a decrease has occurred. Relative to other instruments in the Top Cryptos asset class, Ripple ranked 4th since the previous 4 hours in terms of percentage price change.
Ripple Daily Price Recap
The back and forth price flow continues for Ripple, which started today off at 0.2433 US dollars, down 0.98% ($0.0024) from yesterday. The price move occurred on volume that was up 9.24% from the day prior, but down 18.16% from the same day the week before. Out of the 5 instruments in the Top Cryptos asset class, Ripple ended up ranking 3rd for the day in terms of price change relative to yesterday. Here is a daily price chart of Ripple.
Ripple Technical Analysis
Notably, Ripple is now close to its 20 and 100 day moving averages, which may act as price barrier for the asset. Volatility for Ripple has been contracting over the past two weeks relative to volatility over the past month. Whether volatility reverts will be something to watch. Trend traders will want to observe that the strongest trend appears on the 30 day horizon; over that time period, price has been moving down. For another vantage point, consider that Ripple’s price has gone up 15 of the previous 30 trading 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 Crypto_Bitlord:
I’m sad to announce but $XRP #Ripple is: ? A CONFIRMED SCAM ? After years of watching them dump on us and delivering nothing to the token but shit I’ve cracked the code.THEY DONT NEED $XRPIf you read this, dump it-I’m selling every last centFUCK BRAD AND FUCK RIPPLE
- From CloudPayid:
We think what Ripple has created is absolutely fantastic. And we started this company with a mindset to help the XRP movement along. We are not out to hurt people. We wish success to all of you. And if we are positive part of that process, then we have succeeded too. Cheers!
- From XRP_OWL:
I’m not of the opinion XRP will be anywhere near $1,000 USD in the next few years.I wouldn’t be surprised though, we’ve seen the relationships Ripple has developed and the problem XRP solves.If XRP goes to crazy high $ I’ll be happy & unfortunately unavailable for comment ?
As for a news story related to Ripple getting some buzz:
Ripple’s PayID Technology Celebrates Crucial Milestone, Teases E-Commerce Integration
Mr. DeWitt reported that, since integration with the Payburner XRP storage and transactions instrument, 1,000 unique PayIDs have been issued so far….#PayID is now the most used way to originate @payburner payments vs #XRP address.