Ripple (XRP) Closes Last Hour Down $-0.01; But Still in an Uptrend Over Past 14 Days, Moves Down For the 2nd Straight Day

The Hourly View for XRP

Last Updated November 27, 2020, 02:037 GMT

At the moment, XRP’s price is down $-0.01 (-1.32%) from the hour prior. It’s been a feast for bears operating on an hourly timeframe, as XRP has now gone down 4 of the past 5 hours. As for the trend on the hourly timeframe, we see the clearest trend on the 20 hour timeframe. The moving averages on the hourly timeframe suggest a choppiness in price, as the 20, 50, 100 and 200 are all in a mixed alignment — meaning the trend across timeframes is inconsistent, indicating a potential opportunity for rangebound traders.

Ripple Daily Price Recap

Ripple closed yesterday down 14.81% ($0.0934); this denotes the 2nd straight day it has gone down. As for how volume fared, yesterday’s volume was up 19.95% from the previous day (Wednesday), and up 619.45% from Thursday of the week before. On a relative basis, Ripple was the worst performer out of all 7 of the assets in the Top Cryptos asset class during yesterday. Let’s take a look at the daily price chart of Ripple.

Ripple Technical Analysis

The clearest trend exists on the 14 day timeframe, which shows price moving up over that time. Or to view things another way, note that out of the past 14 days Ripple’s price has gone up 10 them.

Overheard on Twitter

Behold! Here are the top tweets related to Ripple:

  • From susietrader:

    PayPal
    @PayPal Why do you use BCH over XRP or LTC for that matter. YOU exclude XRP for your 358M clients to buy and your 28million merchants to buy WHY?? XRP IS THE BEST CRYPTO TECHNOLOGY OUT THERE – WHAT IS GOING ON – XRP SHOULD BE AVAILABLE TO YOUR CLIENTS.
    @bgarlinghouse

  • From CryptoNostra:

    💵💵 Money to be made? 😏🎉$ADOO presale 1 is completed🌙Join presale 2 if you want to get in, not much time left 🚀 Hit a follow on @NetworkAdoo and join the telegram in the comments 💵_______________
    $apl $xrp $yfi $core $eth $tru $eth
    @cctip_io airdrop 0.017 ETH 500

  • From XRP_stuart:

    So $XRP we had to have a correction, right! BTC went down to around $16,332 and XRP $0.46. Remember the last time BTC was that price $16,332 on 16 Nov, XRP was $0.27. Once the correction is done XRP can move on to $1 and beyond 🙂

For a longer news piece related to XRP that’s been generating discussion, check out:

Ripple Prediction: Bull Cycle Could Push XRP To $0.92 – Crypto Gazette

Crypto News Flash notes that the analyst who calls himself Magic on Twitter said that he’s extremely optimistic about the price of XRP these days….Crypto News Flash online publication notes that in a post via Trading View, the analyst explained that XRP broke out beyond a massively falling wedge pattern on the daily chart in July….Welcome to $600 $ETH Receive lasted top cryptocurrency news in your mailbox.