XRP (XRP-USD) Cryptocurrency Falls By 12% In The Last 6 Hours

XRP (XRP-USD) Cryptocurrency is currently on bearish momentum by 12.87% in the last 6 hours. At 14:26 EST on Friday, 21 May, XRP (XRP-USD) is at $1.01.

Social Status

Currently, XRP (XRP-USD) has 1762406 Twitter followers and 312404 Reddit subscribers.

As of now, on Github, there are 1209 forks, 3837 stars, and 507 subscribers.

Volatility

XRP’s last week, last month’s, and last quarter’s current volatility was a negative 1.49%, a negative 0.05%, and a positive 5.99%, respectively.

XRP’s current volatility rank, which measures how volatile a financial asset is (variation between the lowest and highest value in a period), was 10.13% (last week), 6.41% (last month), and 5.99% (last quarter), respectively.

Crypto Price Classification

According to the stochastic oscillator, a useful indicator of overbought and oversold conditions, XRP’s crypto is considered to be overbought (>=80).

Other News About XRP (XRP-USD)

According to CNBC on Friday, 21 May, “Other cryptocurrencies were in the red Friday, with ether down 2.2% at $2,741, XRP off by 4.6% at $1.13 and litecoin falling 2.4% to $206. “

News about Bitcoin

Bitcoin rally was so huge it was worth the risk-adjusted twists. According to Bloomberg Quint on Wednesday, 19 May, “When you compare it to commodities, when you compare it to stocks, you have more than a century of data for the others and for Bitcoin you don’t,” said Grisanti. “, “Still, Chris Grisanti, chief equity strategist at MAI Capital Management, said that it’s difficult to determine whether Bitcoin is truly a superior investment.”

Bitcoin chartists see selloff intensifying with $40,000 in focus. According to Bloomberg Quint on Tuesday, 18 May, “Evercore ISI’s Rich Ross reckons prices are destined to fall back to the 200-day moving average, following a path of other speculative assets, which would put Bitcoin back at $40,000 compared with just under $45,000 currently.”, “Purves says the next important level for Bitcoin is $42,000 because it roughly equates to where the rally topped out in January and a 50% retracement from December 2020 levels. “

Wharton reveals record Bitcoin gift amid crypto market rout. According to Bloomberg Quint on Thursday, 20 May, “The portion of the $5 million still held in Bitcoin will be monetized over the coming years to meet the budgetary needs of the Stevens Center, which promotes education and research in the field of financial technology and is named after Ross Stevens, the chief executive officer of Stone Ridge Asset Management.”, “Massachusetts Institute of Technology, which has accepted Bitcoin donations since 2016, said it immediately liquidates gifts received in the cryptocurrency.”

Cathie wood buys another $59m in coinbase as Bitcoin recovers, entirely cuts Apple stake. According to Business Insider on Friday, 21 May, “See Also: Cathie Wood Buys Another $39M Tesla Shares On Dip, Also Adds Bitcoin Plays Square, Coinbase”

More news about XRP (XRP-USD).