Ripple 4 Hour Price Update
Updated September 13, 2020 01:35 AM GMT (09:35 PM EST)
Ripple entered the current 4 hour candle at $0.2473, down 0.48% ($0.0012) from the last 4 hour candle. 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
0.2476 (USD) was the opening price of the day for Ripple, resulting in the previous day being one in which price moved up 2.02% ($0.0049) from the previous day. This move happened on lower volume, as yesterday’s volume was down 28.76% from the day before — and down 64.29% from the same day the week before. Relative to other instruments in the Top Cryptos asset class, Ripple ranked 4th since the previous day in terms of percentage price change. Here is a daily price chart of Ripple.
Ripple Technical Analysis
Trend traders will want to observe that the strongest trend appears on the 30 day horizon; over that time period, price has been moving down. Or to view things another way, note that out of the past 30 days Ripple’s price has gone up 16 them.
Overheard on Twitter
Over on Twitter, here were the top tweets about Ripple:
- From roginjohnxxx03:
🚨 $5 Giveaway 🚨• Follow me & @CryptaceGives ✅
• Tag 3 friends below 🏷️
• Like and Retweet this if done ❤️♻️Ends after 24 hours ⏳Can be paid via GCash , #ETH , #XRP or #TRX Join also on my $35 giveaway ( Pinned Tweet )
- From CryptoWhale:
To be clear, I’ve never recommended people to buy $XRP up here.The last time I said to buy was in March 2020 after the big crash.I’m predicting a correction across all major cryptocurrencies including XRP and BTC. I will share when I think we’ve bottomed out.
- From CryptoWhale:
People often hate on $XRP because it hasn’t “moved up for 2.5 years”1. This time range is so tiny in the investment world. Be patient.2. XRP is up more than 10,000% since 2014. 3. Has steadily held its position as top 5 coin for several years.
As for a news story related to Ripple getting some buzz:
Ripple: CryptoWhale predicts ‘XRP will skyrocket due to US regulation’
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.
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