The hourly display for XRP
Last updated 19 October 2020, 11:16 GMT
Currently, the price of XRP has increased by $ 0 (1.02%) from the previous hour. This move is a reversal from the previous hour, which saw the price rise. 1 The moving averages on the hourly time frame suggest a discontinuity in price, as 20, 50, 100 and 200 are all in a mixed alignment, which means that the trend across time periods is inconsistent, indicating a potential opportunity for rangebound traders.
Ripple Daily Price Summary
Ripple is up 0.66% ($ 0.0016) from the previous day, marking the 2nd consecutive day, it has increased. This move took place on lower volume, as yesterday’s volume was down 15.76% from the day before and 22.38% from the same day the previous week. Of the 7 instruments in the Top Cryptos asset class, Ripple finished in sixth place on the day in terms of price change from the previous day. Here is a graph of Ripple’s daily price.
Ripple technical analysis
Coming up to date, Ripple’s current price is close to its 20, 50, and 100-day moving averages; moving average crosses often indicate a change in momentum, so it may be worth keeping an eye on. Trending traders will want to observe that the the strongest trend appears on the 30th day horizon; in that period of time, the price went up. For another point of view, consider that Ripple’s price has increased by 10 of the previous 14 trading days.
