Ripple 4 Hour Price Update
Updated June 21, 2020 07:19 PM GMT (03:19 PM EST)
0.1865 (USD) was the opening price of the four-hour candle for Ripple, resulting in the previous 4 hours being one in which price moved down 0.64% ($0.0012) from the previous 4 hours. 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 choppiness in the recent daily price action of Ripple continues; to start today, it came in at a price of 0.1879 US dollars, up 0.43% ($0.0008) since the previous day. The price move occurred on volume that was down 42.84% from the day prior, but up 9.99% 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 the previous day. Below is a daily price chart of Ripple.
Ripple Technical Analysis
Coming into today the current price of Ripple is sitting close to its 20 and 100 day moving averages; moving average crosses often indicate a change in momentum, so this may be worth keeping an eye on. The clearest trend exists on the 14 day timeframe, which shows price moving down over that time. Or to view things another way, note that out of the past 10 days Ripple’s price has gone down 6 them.
Overheard on Twitter
Over on Twitter, here were the top tweets about Ripple:
- From CzaiLovesCrypto:
😇💸 ₱250 ($5) Giveaway✨ Follow me & Retweet my pinpost :3 ( You can also join on that contest if ya haven’t joined yet)
👉 Retweet
👉 Comment ” done ” :3⏰ Ends tonight @ 10pm >°<
gcash | coins ph | crypto #BTC / #XRP - From BambooXRP:
I don’t understand why so many people complain about the XRP price everyday. If you don’t want to do the research and understand then just sell and move on with your life. I don’t understand the constant nagging. 3 years ago it went 36,000%. You can’t do that every year lol
- From xrp_mami:
If you ever question #xrp use case & adoption, just remember @Ripple has been working with the banks since at least 2012 to create a product that would properly suit them, & today they are valued at $10billion. I think they have it all figured out. Rome wasn’t built in a day! 🚀
For a longer news piece related to XRP that’s been generating discussion, check out:
Ripple-backed PayID initiative not limited to XRP or fiat – AMBCrypto
Addressing adoption cases, the exec also went on to say that there are several SBI Ripple Asia customers who have started to leverage Ripple’s ODL technology by dodging age-old traditional platforms like SWIFT….Ripple partner SBI Holdings to collaborate with Japan’s SMBC Ripple partner SBI Remit Inc.