Ripple On Bearish Momentum: 12% Down In The Last 24 Hours

Ripple is currently on bearish momentum. At 18:03 EST on Monday, 28 December, Ripple is at $0.25 and down by 12% in the last 24 hours.

Ripple Range

Over the last six hours, Ripple’s higher value was $0.28 and the lower value was $0.25.

Over the last twelve hours, Ripple’s higher value was $0.30 and the lower value was $0.25.

In relation to Ripple’s daily highs, it’s 16.667% down from its trailing 24-hour high of $0.30

In relation to Ripple’s yearly highs and lows, it’s 117.202% up from its 52-week low and 67.448% down from its 52-week high.

Volatility

Ripple’s last day, last week, and last month’s average volatility was a negative 4.13%, a negative 2.09%, and a negative 0.17%, respectively.

Ripple’s last day, last week, and last month’s high and low average amplitude percentage was 13.80%, 22.71%, and 13.91%, respectively.

News about Bitcoin

Bitcoin surges to fresh record high and looks set to break the $25,000 level: ‘merry bitmas’. According to Business Insider on Fri Dec 25, “Known as the leading cryptocurrency, Bitcoin has been a surprise success during the pandemic, quickly becoming a competitor to gold in some portfolios.”, “Bitcoin’s market cap could reach $1 trillion sometime in 2021, according to Garrick Hileman, head of research at Blockchain.com, if investors take its reserve currency status more seriously.”

Bitcoin miners in nordic region get a boost from cheap power. According to Bloomberg Quint on Sun Dec 27, “”It is one of the biggest developments in Bitcoin mining to look out for.””, “The current market dynamics give big miners alternatives to places where Bitcoin are usually created such as China, Kazakhstan and Canada.”

Bitcoin faces regulatory scrutiny after record-breaking rally. According to Bloomberg Quint on Sun Dec 27, “While none of those reasons for buying Bitcoin comport with its origins as an alternative to fiat currencies, they do point to a growing acceptance of crypto as an asset class of its own. “, “But for Bitcoin, 2020 has been a marvelous time.”

Bitcoin on longest winning run since 2019 after hitting record. According to Bloomberg Quint on Mon Dec 28, “Ayyar said investors are shifting to Bitcoin and other digital coins in the wake of the XRP development.”, “Bitcoin is on track for its longest monthly winning streak in more than a year after touching a record above $28,000 over the weekend.”

Bitcoin mining stocks surge after the cryptocurrency passes $28,000 for the first time. According to Business Insider on Mon Dec 28,