Ripple 4 Hour Price Update
Updated August 15, 2020 03:18 PM GMT (11:18 AM EST)
The back and forth price flow continues for Ripple, which started the current 4 hour candle off at 0.2982 US dollars, up 0.78% ($0.0023) from the previous 4 hours. 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 came into today up 1.87% ($0.0055) from the open of the day prior, marking the 2nd straight day it has gone up. The price move occurred on stronger volume; specifically, yesterday’s volume was up 16.03% from the day prior, and up 20.98% from the same day the week before. Relative to other instruments in the Top Cryptos asset class, Ripple ranked 2nd since the day prior in terms of percentage price change. 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. For additional context, note that price has gone up 20 out of the past 30 days.
Overheard on Twitter
Over on Twitter, here were the top tweets about Ripple:
- From 1000bonesXrp:
Just a heads up if you use @UpholdInc there is now a 67 day hold on your recent purchased coins so you will not be able to move your coins from uphold for 67 days now you can cash back out to you bank but not to a #Crypto address. Im not a fan of this just my 2 cents. #Btc #xrp
- From Kevin_Cage_:
Dear XRP gods, your little buddy Kevin here. Hope all is well on the Moon. Can you please drop XRP below 25c in the coming weeks while my other alts moon a good 50%+?It would definitely make my 2020 more enjoyable. Please ignore any triggered comments below 🙏👊- KC
- From katemossalike:
Love it when #btc maxis make out they’re in it as a protest to the world. Get real how a small % of the world owning all the BTC going to help the people of the world. So you can rule instead of the banks. Lol 😂 #XRP anyday over btc. You in it for the money don’t kid yourself!
In terms of news links for Ripple here’s one to try:
Ripple: New app enables XRP to be sent to billions of people
Ripay developer Kuyawa Kata explains that the decentralized application was created to facilitate the sending of money worldwide….Unisend links a classic bank account with Unisend and enables money in the form of XRP to be sent directly to other XRP wallets worldwide….Readers are requested to form their own opinions on the contents of this website and to seek professional and independent advice before making concrete investment decisions.