Ripple (XRP) Down $0.0021 in Last 4 Hours, Makes Big Move Relative to Two Week Trend; in an Uptrend Over Past 90 Days

Ripple 4 Hour Price Update

Updated August 18, 2020 03:19 PM GMT (11:19 AM EST)

Ripple is down 0.68% ($0.0021) since the previous 4 hours, marking the 3rd candle in a row a decline has happened. Out of the 5 instruments in the Top Cryptos asset class, Ripple ended up ranking 3rd for the four-hour candle in terms of price change relative to the previous 4 hours.

Ripple Daily Price Recap

Ripple closed yesterday up 3.64% ($0.0111); this denotes the 2nd straight day it has gone up. The price move occurred on stronger volume; specifically, yesterday’s volume was up 114.72% from the day prior, and up 93.97% from the same day the week before. Out of the 5 instruments in the Top Cryptos asset class, Ripple ended up ranking 2nd for the day in terms of price change relative to yesterday. Below is a daily price chart of Ripple.

Ripple Technical Analysis

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 30 day timeframe, which shows price moving up over that time. Or to view things another way, note that out of the past 10 days Ripple’s price has gone up 6 them.

Overheard on Twitter

Over on Twitter, here were the top tweets about Ripple:

• From xrpreality:
  

  Your grandkids will proud of you that you see the opportunity in 2020 & bought #XRP under a dollar. You have no idea what you are holding. This is beyond your imagination. Be happy you have access to this digital gold.
  You are early enough to change your generation’s life.

• From XRP_OWL:
  

  I’m allowed to call out other people’s bullshit. Always remember what space you’re in 😂You’re allowed to disagree as well that’s the beauty of it all.Next video title is “must watch, xrp gold backed, we’re all gonna be fucking rich, like and subscribe” Give me a break

• From djqianfusion:
  

  Anyswap is launching the first use of DCRM on a #DEX. As DCRM can connect to any blockchain that uses ECDSA and Edwards-curve Digital Signature Algorithm (EdDSA) connection about 95% of all coins.Tomorrow FSN/USDTFew days after we will be XRP BTC LINK MONERO and all other.…

For a longer news piece related to XRP that’s been generating discussion, check out:

New Ripple-Based App to Extend XRP Adoption to Billions of People – NewsLogical

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