Ripple 4 Hour Price Update
Updated August 24, 2020 01:37 AM GMT (09:37 PM EST)
0.2852 (USD) was the opening price of the four-hour candle for Ripple, resulting in the last 4 hour candle being one in which price moved down 0.66% ($0.0019) from the last 4 hour candle. Relative to other instruments in the Top Cryptos asset class, Ripple ranked 4th since the last 4 hour candle in terms of percentage price change.
Ripple Daily Price Recap
The choppiness in the recent daily price action of Ripple continues; to start today, it came in at a price of 0.2849 US dollars, down 0.45% ($0.0013) since yesterday. This move happened on lower volume, as yesterday’s volume was down 34.57% from the day before — and down 22.01% from the same day the week before. Relative to other instruments in the Top Cryptos asset class, Ripple ranked 3rd since yesterday in terms of percentage price change. Here is a daily price chart of Ripple.
Ripple Technical Analysis
Coming into today the current price of Ripple is sitting close to its 20 day moving averages; moving average crosses often indicate a change in momentum, so this may be worth keeping an eye on. Volatility for Ripple has been contracting over the past two weeks relative to volatility over the past month. Whether volatility reverts will be something to watch. 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 up 7 of the previous 14 trading days.
Overheard on Twitter
Over on Twitter, here were the top tweets about Ripple:
- From XRP_OWL:
If you’re taking away from your lifestyle by investing in anything you are investing more than you can afford to lose. I have way less XRP than most people think but it’s a lot for me because I’m willing to hold. I also diversify and have seen what this space can and should do.
- From TheCryptHawk:
Happy Sunday peeps! #XRP did the minimum required yesterday taking the pivot, I was expecting a little bit more but it’s fine it will likely be for today I guess. We have that bullish checkmate here so it’s just a matter of time. What had to be done is done! #XRPCommunity
- From XRPeuphoria_:
@XRP_OWL 🤔…you and I think a little differently and that’s ok…I have way more invested than I should be comfortable with. We’re good with making some sacrifices now to increase our chances at a higher quality of life later…that doesn’t even mean more “stuff,” It means more freedom.
For a longer news piece related to XRP that’s been generating discussion, check out:
Ripple | Suisse Gold – Precious Metals Dealers
How to Buy Gold and Silver using Ripple Placing an order for precious metals on SuisseGold.ch using XRP is easy and quick….For a client purchasing a potentially large order of gold and silver bullion, this is a huge premium to pay over your order value….All products on SuisseGold.ch are available to clients placing orders in XRP.