Ripple On Bearish Momentum: 10.89% Down In The Last 24 Hours

Ripple is currently on bearish momentum. At 17:09 EST on Monday, 11 January, Ripple is at $0.28 and down by 10.89% in the last 24 hours.

Ripple Range

Over the last six hours, Ripple’s higher value was $0.28 and the lower value was $0.28.

Over the last twelve hours, Ripple’s higher value was $0.29 and the lower value was $0.27.

About Ripple’s daily highs and lows, it’s 5.407% up from its trailing 24-hour low of $0.27 and 11.063% down from its trailing 24-hour high of $0.32.

About Ripple’s yearly highs and lows, it’s 147.263% up from its 52-week low and 62.943% down from its 52-week high.

Volatility

Ripple’s last day, last week, and last month’s average volatility was a negative 2.70%, a positive 5.51%, and a positive 0.08%, respectively.

Ripple’s last day, last week, and last month’s high and low average amplitude percentage was 24.98%, 21.08%, and 18.38%, respectively.

News about Bitcoin

White-knuckle Bitcoin rally powers crypto’s best week since 2017. According to Bloomberg Quint on Friday, 8 January, “Cryptocurrencies are on course for their biggest weekly surge since the last bubble in Bitcoin peaked about three years ago, ahead of a spectacular crash.”, “The potential for “upside of historic proportions” suggests investors should keep buying Bitcoin and Ether, according to Rich Ross, a technical strategist at Evercore ISI.”

Billionaire investor chamath palihapitiya predicted Tesla stock will triple and Bitcoin will soar 5-fold in a recent interview. here are the 15 best quotes.. According to Business Insider on Saturday, 9 January, “Billionaire investor Chamath Palihapitiya predicted Tesla stock will double or triple and Bitcoin will soar five-fold during an interview on CNBC’s “Halftime Report” this week.”, “It’s probably going to $100,000, then $150,000, then $200,000.” – Palihapitiya didn’t specify a timeframe, saying it could take five or 10 years for Bitcoin to reach those prices.”

According to Business Insider on Saturday, 9 January, “MicroStrategy started a chain reaction when it bought $425 million worth of bitcoin in August and September, Jimmy Nguyen, president of the Bitcoin Association, told Insider. “

I won the race to Bitcoin 40k … and so can you. According to Business Insider on Saturday, 9 January, “The post I Won the Race to Bitcoin 40K … and So Can You appeared first on InvestorPlace.”

Darknet drug dealers have been accused of hiding a Bitcoin stash that’s now worth $16 million. they bought an old fishing boat and a squid permit to conceal their crime, say US attorneys.. According to Business Insider on Sunday, 10 January, “By the time the US district court for the Central District of California issued its warrant on Monday, Bitcoin was above $30,000, though it briefly dipped below that mark. “, “As Treasury officials move to put in place new regulations to attack money laundering via Bitcoin and other cryptocurrencies, the case is a reminder that some treat the currencies much the same as cash. “

Two-day Bitcoin plunge shakes faith in cryptocurrency boom. According to Bloomberg Quint on Monday, 11 January, “Others worry that the rally is untethered from reason and fueled by vast swathes of fiscal and monetary stimulus, with Bitcoin unlikely to ever serve as a viable currency alternative.”, “While it may mature in the future, Bitcoin as it exists is largely a speculative asset.”

JPMorgan strategists say U.S. ETF could sap Bitcoin price. According to Bloomberg Quint on Monday, 11 January, “U.S. approval of a Bitcoin exchange-traded fund could weigh on the digital coin’s price in the short term, according to JPMorgan Chase & Co.”, “The JPMorgan strategists said introduction of a Bitcoin ETF should be positive for the cryptocurrency in the longer term.”

Bitcoin falls to a one-week low, as a stronger dollar and investor nerves strip off nearly $140 billion in total cryptocurrency market cap. According to Business Insider on Monday, 11 January, “The correlation between Bitcoin and the dollar index is at -0.95, meaning that the two are more likely to move inversely to one another than not. “, “Some of the anarchy froth supporting Bitcoin after anti-government types stormed Capitol Hill is receding a touch. “

Cryptocurrency investors could ‘lose all their money’, UK regulator warns as Bitcoin price drops from all-time high. According to Business Insider on Monday, 11 January, “Memories of the collapse in the Bitcoin price between late 2017 and early 2019 – when it dropped from almost $20,000 to below $4,000 – are weighing on regulators’ minds.”, “They worry that amateur investors could be sucked in, only for currencies like Bitcoin to collapse in value, as they did in 2018.”

Bitcoin and Tesla have gotten the fed’s attention. According to Bloomberg Quint on Monday, 11 January, “The S&P 500 Index wobbled on Monday as yields climbed past 1.13% but remained relativelyresilient considering the sharp drop in Bitcoin and Tesla. “, “But on the way to reaching those goals, there’sa level of rampant speculation in asset prices that even the Fed will seek to stymie, whether in Bitcoin or Tesla, the ARK Innovation exchange-traded fundor special-purpose acquisition companies. “

On technical charts, Bitcoin really is an asset like no other. According to Bloomberg Quint on Monday, 11 January, “Chris Zaccarelli, chief investment officer at Independent Advisor Alliance, says there are good reasons for believing in Bitcoin but, to him, it’s a question of whether or not it constitutes a good place to allocate capital. “, “Up 38% this year through Friday, Bitcoin had its best start to a year since 2012, when it surged almost 60% over the first eight days. “