The Hourly View for XRP
Last Updated November 18, 2020, 04:017 GMT
At the moment, XRP’s price is up $0 (0.93%) from the hour prior. This is the 2nd straight hour XRP has seen its price head up. If you’re a trend trader, consider that the strongest clear trend on the hourly chart exists on the 50 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
Ripple came into today up 5.07% ($0.0146) from the open of yesterday, marking the 5th day in a row it has gone up. As for how volume fared, yesterday’s volume was up 57.47% from the previous day (Monday), and up 232.97% from Tuesday of the week before. Relative to other instruments in the Top Cryptos asset class, Ripple ranked 3rd since yesterday in terms of percentage price change. 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. Or to view things another way, note that out of the past 14 days Ripple’s price has gone up 10 them.
Overheard on Twitter
Behold! Here are the top tweets related to Ripple:
- From KyleMacLeanX:
New Personal Goals 😇1. When $XRP erupts, don’t be a jerk to the people who gave me a hard time about it for years.2. When Cardano $ADA gives me a 100X, don’t gloat3. When VeChain $VET hits $1, exercise restraint & be nice.If I break these, I’d get kicked out of Canada 🇨🇦
- From XRPcryptowolf:
I’m sure everyone has personal stuff going on since this year has been mentally shitty for everyone so why be even more negative towards people? Nah man none of you pay me at all to constantly shit on me just because you’re upset that XRP hasn’t gone up yet
- From CryptoBull2020:
Those of us who have been through the entire bear market: WE DESERVE THIS! And when #XRP hits $10, $15, $20 and above, we will all have a party. Hit that LIKE button if you agree!
In terms of news links for Ripple here’s one to try:
Ripple’s Brad Garlinghouse: XRP As Key Crypto In The Digital Dollar Revolution – Crypto Gazette
Garlinghouse said that this is the reason for which Ripple is pushing XRP as a bridge asset to power cross-border transactions and exchange one currency for another….He continued and said: “The point [of Ripple’s efforts] is to enable a lot of efficiency and liquidity between XRP and the US dollar, and XRP and the Australian dollar….Sign up for the newsletter and get lasted cryptocurrency news.
