The Hourly View for XRP
Last Updated November 23, 2020, 04:017 GMT
At the moment, XRP’s price is up $0 (0.39%) from the hour prior. This move is a reversal from the hour prior, which saw price move up. As for the trend on the hourly timeframe, we see the clearest trend on the 100 hour timeframe. 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
The end of a 3 day positive run has come for Ripple, which finished yesterday down 3.67% ($0.017). As for how volume fared, yesterday’s volume was up 10.86% from the previous day (Saturday), and up 847.86% from Sunday of the week before. Out of the 7 instruments in the Top Cryptos asset class, Ripple ended up ranking 3rd for the day in terms of price change relative to yesterday. Below is a daily price chart of Ripple.
Ripple Technical Analysis
The clearest trend exists on the 14 day timeframe, which shows price moving up over that time. For another vantage point, consider that Ripple’s price has gone up 10 of the previous 14 trading days.