Ripple 4 Hour Price Update
Updated September 11, 2020 01:36 AM GMT (09:36 PM EST)
The back and forth price flow continues for Ripple, which started the current 4 hour candle off at 0.2432 US dollars, up 0.54% ($0.0013) from the last 4 hour candle. Relative to other instruments in the Top Cryptos asset class, Ripple ranked 3rd since the last 4 hour candle in terms of percentage price change.
Ripple Daily Price Recap
Ripple is up 1.67% ($0.004) since the day prior, marking the 2nd day in a row it has gone up. The price move occurred on volume that was up 16.08% from the day prior, but down 46.37% 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 day prior. Below is a 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 down. For another vantage point, consider that Ripple’s price has gone up 16 of the previous 30 trading 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 XRP_OWL:
I know where this space ends up. I know what digital assets represent. I know Ripples tie ins to the system are real. I know XRP utility. I know what Internet of Value represents. I’ve seen the scramble of Gov’s/FI’s to remain relevant/I know they can’t do it alone.When Not If
- From FlareNetworks:
Absolutely awesome that @AltCoinTraderSA have decided to support the Spark distribution. We have reached out to them to confirm that they agree to distribute EVERY token they receive to their XRP clients. Then we will list them as a supporting exchange on our site. #XRP #Flare
- From joker_xrp:
You Don’t See Bill Gates Or Elon Musk Wearing Masks Do you? The World Elite’s Know That The Pandemic Is A Plan To Introduce 5G, AI & Quantum Banking To The World. The Majority Only Adapt To Change In Times Of Fear. The World Is Ready. Strap In. #XRPCommunity #xrparmy #Xrp🃏
In terms of news links for Ripple here’s one to try:
In another tweet, the analyst also pointed out the importance of Ripple’s compliance with ISO20022 for standardized payments….As CNF reported, Ripple was the first DLT-oriented company to join the ISO 20022 standards committee for cross-border payments in May….The solution for this is the ISO2022 compliant RippleNet: Our philosophy is to provide each bank and payment provider with a real-time connection to a global network called RippleNet that rigorously adheres to the ISO2022 standard, enabling these organizations to send and receive payments on behalf of their customers, between each other immediately, with finality and transparently—regardless of the amount of money being sent or the currencies that is needs to be sent from and to.