The Hourly View for XRP
Last Updated December 21, 2020, 03:017 GMT
At the moment, XRP’s price is up $0 (0.23%) from the hour prior. This is a reversal of the price action on the previous hour, in which price moved up. If you’re a trend trader, consider that the strongest clear trend on the hourly chart exists on the 50 hour timeframe. The moving averages on the hourly timeframe suggest a bullishness in price, as the 20, 50, 100 and 200 are all in a bullish alignment — meaning the shorter durations are above the longer duration averages, implying a sound upward trend.
Ripple Daily Price Recap
Ripple is down 3.72% ($0.0215) since yesterday, marking the 2nd day in a row a decline has happened. As for how volume fared, yesterday’s volume was up 5.83% from the previous day (Saturday), and up 33.41% from Sunday of the week before. Out of the 7 instruments in the Top Cryptos asset class, Ripple ended up ranking 6th for the day in terms of price change relative to yesterday. Below is a daily price chart of Ripple.
Ripple Technical Analysis
Moving average crossovers are always interesting, so let’s start there: Ripple crossed below its 20 day moving average yesterday. The clearest trend exists on the 90 day timeframe, which shows price moving up over that time. For another vantage point, consider that Ripple’s price has gone down 6 of the previous 10 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 Neloangelo314:
I mean every word I say. Don’t get me wrong. I am honest and genuine. But let me say this much, I say this in love, I couldn’t care less what people say about me or my reputation. I have already helped changed lives and helped people get into Xrp who had no idea. To prepare
- From CryptoBull2020:
#Bitcoin has become an asset for the rich, touting how they moved millions of $$$ for just $100. If you want to make money this bullrun and you’re not a millionaire, #XRP will be the best choice. Best utility. Fast. Inexpensive. Most gains.
- From xrp_mami:
TENET really makes me think about the mirror of time. Future proves past. Duality12/21 (mirror date)
Mr Pool/ Mr Loop
Two worlds collide (Christmas star)
Time is money / Money is time (XRP symbol is an hour glass cut off at both tops)My 👀s are on next week for something big