Ripple 4 Hour Price Update
Updated August 06, 2020 11:19 PM GMT (07:19 PM EST)
Ripple came into the current 4 hour candle down 2.27% ($0.007) from the open of the last 4 hour candle, marking the 2nd candle in a row a decrease has occurred. Out of the 5 instruments in the Top Cryptos asset class, Ripple ended up ranking 4th for the four-hour candle in terms of price change relative to the last 4 hour candle.
Ripple Daily Price Recap
The back and forth price flow continues for Ripple, which started today off at 0.3027 US dollars, up 0.4% ($0.0012) from the previous day. This move happened on lower volume, as yesterday’s volume was down 20.78% from the day before — and down 34.91% from the same day the week before. On a relative basis, Ripple was the worst performer out of all 5 of the assets in the Top Cryptos asset class during the previous day. Let’s take a look at the daily price chart of Ripple.
Ripple Technical Analysis
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. For additional context, note that price has gone up 11 out of the past 14 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 1CrypticPoet:
Ask 300 people if they know what #XRP is…the major won’t have a clue.Ask 300 banks if they know what XRP is…the majority will sign up.Big money moves in a pattern.There will be bumps along the road, but, before you decide to sell, think about how early you are. HODL
- From TheCryptHawk:
#XRP – When I called 3 months before the top in 2017-18 people called me crazy and data was already right! When I called sub $0.15 when we broke the genesis fib they called me crazy! Now data shows $4.20 and they all want my data to be right! Chill it’s already in! #XRPCommunity
- From philosophyofmet:
Everyone around the world might as well be walking around with a face mask that has #XRP written on it. Wearing masks extends the heightened state of fear & fear opens the masses to change. Digital economy quickly moving out of the shadows. The manifestation has only just begun.
In terms of news links for Ripple here’s one to try:
Ripple XRP is the most hated crypto & the most undervalued – Crypto Bachelor
While the prices of alternative coins distract investors, Ripple is securing a future for XRP….While Bitcoin is trying to replace the system, XRP is trying to work with the system….Napster is no where to be found today but it gave birth to Spotify and other digital live streams….Ripple XRP is the most hated because it goes against what the black market stands for in the crypto space.