Ripple 4 Hour Price Update
Updated September 07, 2020 01:36 AM GMT (09:36 PM EST)
The choppiness in the recent four-hour candle price action of Ripple continues; to start the current 4 hour candle, it came in at a price of 0.2398 US dollars, down 0.75% ($0.0018) since 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 entered today at $0.2399, up 1.01% ($0.0024) from the day prior. The change in price came along side change in volume that was down 24.1% from previous day, but up 5.56% from the Sunday of last week. 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. Let’s take a look at the daily price chart of Ripple.
Ripple Technical Analysis
Coming into today Ripple is now close to its 100 day averages, located at 0.23 respectively, and thus may be at a key juncture along those timeframes. The clearest trend exists on the 90 day timeframe, which shows price moving up over that time. Traders will also want to note, though, that a counter trend — meaning a trend going down — can be seen on the 14 and 30 day timeframes. If you’re looking to trade the primary trend, this may be a good opportunity to buy dips created by the counter trend. For additional context, note that price has gone up 15 out of the past 30 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 roginjohnxxx03:
✨ $10 Giveaway ✨
[ 2 winners of $5 each ] • Follow me @yunna99x & @iamreed__
• Tag 3 friends below 🏷️
• Like and Retweet this if done ❤️♻️Ends after 24 hours⏳Prize can be in GCash , #TRX or #XRP - From auvius:
@richardursomd @JDMasekela @whatsnewpdq @neptune_xrp @steven_i_hite @realDonaldTrump @CDCgov @SteveFDA @DrAnthonyF I would love to read the proven studies about the “asymptomatic spread”. After all that was the original reason for wearing the mask. The idea that we could have the virus and spread it without even having any symptoms. Can anyone point me to those peer reviewed studies?
- From XrpYoda:
The tipping point has now come, the new financial system is comingCBDCs 🇺🇸 🇬🇧 🇨🇦🇯🇵 🇨🇳 …. and so on.
All Bridged buy a digital assets, all on a level playing field We’re so early it’s crazy, 100% you will sell way to early The FOMO will melt faces #xrp#escrowmytweet
In terms of news links for Ripple here’s one to try:
Ripple aims to monitor the XRP Ledger for compliance with US regulations
In that regard, the position posted by Ripple seeks a professional who can “monitor and investigate” activity on the XRP Ledger….Remarkably, earlier this year, Ripple launched a website where users can make reports of unusual activity….According to the ad, the BSA analyst sought by Ripple will also use analytical techniques to detect transaction patterns on the XRP Ledger, generate reports for FinCEN and other security agencies, and develop tools to monitor transactions and investigate unusual activity.
