Ripple 4 Hour Price Update
Updated July 12, 2020 11:19 AM GMT (07:19 AM EST)
The choppiness in the recent four-hour candle price action of Ripple continues; to start the current 4 hour candle, it came in at a price of 0.2013 US dollars, up 0.2% ($0.0004) since the previous 4 hours. On a relative basis, the previous 4 hours were pretty good: Ripple bested all 5 of the assets in the Top Cryptos class 🙂
Ripple Daily Price Recap
The back and forth price flow continues for Ripple, which started today off at 0.2012 US dollars, up 1.16% ($0.0023) from the day prior. The price move occurred on volume that was down 26.97% from the day prior, but up 74.86% from the same day the week before. On a relative basis, the day prior was pretty good: Ripple bested all 5 of the assets in the Top Cryptos class 🙂 Here is a daily price chart of Ripple.
Ripple Technical Analysis
Coming into today Ripple is now close to its 50, 100 and 200 day moving averages, which may act as price barrier for the asset. Trend traders will want to observe that the strongest trend appears on the 14 day horizon; over that time period, price has been moving up. Also of note is that on a 30 day basis price appears to be forming a base — which could the stage for it being a support/resistance level going forward. Or to view things another way, note that out of the past 30 days Ripple’s price has gone down 16 them.
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 burnolympia:
Been away from crypto a bit focusing on my business. It’s been a really healthy step back to be honest & helped me realize that: 1.) I was too focused on XRP & there’s so much more to life I missed out on. 2.) We are VERY early. 3.) We are VERY lucky to know about XRP right now.
- From X__Anderson:
I don’t like to talk prices but…
At a $100 XRP, market cap would be $10 Trillion but since half of all XRP is in escrow, market cap on available supply would be $5 Trillion. Global gold supply is valued at $8 Trillion. Not financial advice. - From CryptoWizardd:
2 months ago i tweeted about alt season about to begin.. those small pumps are just test pumps.. something HUGE about to come this summer$XRP and $ETH ONE of those will break out and then the real fun starts🌎 position yourself in alts that didnt moon yet $ALGO $FET $BAT
For a longer news piece related to XRP that’s been generating discussion, check out:
Job Application for Quantitative Developer, Data & Institutional Markets at Ripple
Ripple is growing and we are looking for a Quantitative Developer to help build tools to monitor market activity and liquidity for XRP as we scale our payment products in new markets around the world….Classification of protected categories is as follows: A “disabled veteran” is one of the following: a veteran of the U.S. military, ground, naval or air service who is entitled to compensation (or who but for the receipt of military retired pay would be entitled to compensation) under laws administered by the Secretary of Veterans Affairs; or a person who was discharged or released from active duty because of a service-connected disability….Disabilities include, but are not limited to: Federal law requires employers to provide reasonable accommodation to qualified individuals with disabilities.