The Hourly View for XRP
Last Updated October 5, 2020, 23:16 GMT
At the time of this writing, XRP’s price is down $0 (-0.2%) from the hour prior. XRP has seen its price go down 5 out of the past 5 hours, thus creating some compelling opportunities for bears. 1 The moving averages on the hourly timeframe suggest a bearishness in price, as the 20, 50, 100 and 200 are all in a bearish alignment — meaning the shorter duration moving averages are below the longer duration averages, implying a stable downward trend.
Ripple Daily Price Recap
Ripple is up 6.48% ($0.0151) since yesterday, marking a reversal from the day prior — and the end of a 4 day negative run. The price move occurred on stronger volume; specifically, yesterday’s volume was up 181.67% from the day prior, and up 103.1% from the same day the week before. Ripple outperformed all 7 assets in the Top Cryptos asset class since yesterday. Let’s take a look at the daily price chart of Ripple.
Ripple Technical Analysis
First things first: Ripple crossed above its 20 and 100 day moving averages yesterday. For additional context, note that price has gone up 16 out of the past 30 days.
Overheard on Twitter
Behold! Here are the top tweets related to Ripple:
- From CyPhlux:
Things are speeding up so fast now. But I’ll be honest I’m numb to it. I’m bored of it. I know what I hold. But im over the hype and the news. Im not selling. Im going down with the ship. I know a lot of #xrp holders feel the same. Whales are not shaking people out. Let’s. GO.
- From Pentosh1:
$XRP will bring financial freedom in less than 9 days. SWELL + flare on your TL soon. Glory awaits A little green this week. Everyone talks about it. This degen market fomos into it Bc everyone loves chasing a good pumpQuestion is if you want to be early or late 🤷♂️
- From xrpforensics:
🚨 Scammers are imitating @WietseWind’s tool to help claim @FlareNetworks spark tokens. The real tool will never ask you to send XRP to a new address!Do never trust ANY tools, airdrops, giveaways that ask you to send money or enter secret keys of any kind.
In terms of news links for Ripple here’s one to try:
Ripple: Renowned analyst predicts XRP price of 30 USD in 2-3 years
The technical analyst explained in a series of tweets to his 68,000 followers that XRP could rise to between 20 and 30 USD in the next bull run in the crypto market due to its fundamentals….At the same time, he said, it was “no nonsense to compare it with other related assets in the crypto space”….However, one of the biggest beneficiaries could be XRP, if the “real use cases” are revealed: Let’s not kid ourselves, speculation is what is going to fuel the next bull run just like the last 2, and that speculation will also make many very wealthy, just like the last 2.
