Ripple 4 Hour Price Update
Updated June 27, 2020 07:19 PM GMT (03:19 PM EST)
Ripple closed the previous 4 hours down 0.61% ($0.0011); this denotes the 4th candle in a row a decline has happened. Relative to other instruments in the Top Cryptos asset class, Ripple ranked 2nd since the previous 4 hours in terms of percentage price change.
Ripple Daily Price Recap
The end of a 3 day negative run has come for Ripple, which finished the day prior up 0.55% ($0.001). As for how volume fared, yesterday’s volume was up 20.76% from the previous day (Thursday), and up 20.58% from Friday of the week before. Out of the 5 instruments in the Top Cryptos asset class, Ripple ended up ranking 2nd for the day in terms of price change relative to the day prior. Here is a daily price chart of Ripple.
Ripple Technical Analysis
Coming into today Ripple is now close to its 20 day averages, located at 0.19 respectively, and thus may be at a key juncture along those timeframes. Volatility for Ripple has been contracting over the past two weeks relative to volatility over the past month. Whether volatility reverts will be something to watch. The clearest trend exists on the 14 day timeframe, which shows price moving down over that time. For additional context, note that price has gone down 6 out of the past 10 days.
Overheard on Twitter
For laughs, fights, or genuinely useful information, let’s see what the most popular tweets pertaining to Ripple for the past day were:
- From JoelKatz:
@EDadoun @Jlob8o @BredGarlicHouse @Arturo_P_A @payid_org @jack Right. If we don’t give our customers the best experiences we can, we won’t have any customers. So we’ll give them every option we possibly can and if XRP is the best option for some subset of their payments, they should have no reason not to use it.
- From RosesOnThaMoon:
Don’t come to me talking shit about the #XRP price. Unlike many haters & FUDsters, IM HERE TO STAY. For me, these price dips are good opportunities to accumulate more.If you really don’t like the asset, just move on and invest in something else.It’s that simple.
- From BLOCKCHAINPHYS1:
Holy shit! I was just shown actual documentation regarding $xrp that a friend of mine retrieved from a hacking job. There is nobody better on computers than he is. And FML. Each xrp is going to be $10,000 usd soon! He wont allow me to post it. This shit is mind blowing!
For a longer news piece related to XRP that’s been generating discussion, check out:
Ripple Launches Xumm-Linked Web App ChefXRP – NewsLogical
Ripple says developers who want to have a deep look at ChefXRP or make use of it have to download the Xumm app from either the iOS or Android App stores….Once this is done; developers have access to the ChefXRP and use it to create subscriptions with payment done using Xumm app….After this is configured, the ChefXRP website can be used to create subscriptions with payments being serviced by Xumm, and then click subscribe upon signing in using PayID….Meanwhile, Ripple has also launched PayID Hackathon for developers to earn $25K in prizes when they make designs that make it possible to send money with the speed of email.