The hourly display for XRP
Last updated 28 October 2020, 01: 037 GMT
As of this writing, XRP’s price has dropped $ 0 (0%) from the previous hour. XRP has seen its price drop down 5 hours in the last 5, thus creating some interesting opportunities for bears. If you are a trend trader, consider that the strongest clear trend on the hourly chart exists in the 50 hour period. Price action traders may also want to note that we see a bar candlestick pattern on XRP. Given that we see an uptrend over the 10 hour candle time frame and such candle patterns often denote reversals, this can be noteworthy. 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 entered $ 0.2528 today, up 1.77% ($ 0.0044) from the previous day. This move happened with lower volume, as yesterday’s volume fell 31.68% from the day before and 26.62% from the same day the previous week. Of the 7 instruments in the Top Cryptos asset class, Ripple was ranked 5th for the day in terms of price change from the previous day. Ripple’s daily price chart below illustrates.
Ripple technical analysis
First things first: Ripple broke its 20-day moving average yesterday. Trending traders will want to observe that the the strongest trend appears on day 90 horizon; in that time period, the price fell. Interestingly, there is a trend in the opposite direction over the 30-day period, where the price is rising. This could be an interesting opportunity for traders who want to sell demonstrations in anticipation of the resumption of the primary trend. For further context, please note that the price has increased by 7 over the past 14 days.
Heard on Twitter
On Twitter, here are the best tweets about Ripple:
- From WhipLash347:
What’s in Wuhan? Link all this to the arrival of GCR / GESARA. Connect it to QFS. (USA VS CH Y NA TECH WAR) BTC and ETH vs XRP family. Big Pharma vs TESLA CURES, the answer is in the Q Save The World video.
Then you will understand what POTUS means for Ch Y Na will pay a lot of time. - From BabaCugs:
You have five days to do whatever you want with your XRP bags, after which you are all alone Know the risks Know your responsibilities You are the only person to blame for your life situation I have done my part to help God bless you Everyone
- From X__Anderson:
To expand the news of the DBS bank. This is really great. Singapore’s largest bank will offer trading of four cryptocurrencies, including xrp. The bank has 24,000 employees. The bank will store the digital assets directly with the bank. Singapore is a major financial center 1/2
As for a Ripple-related news getting a bit of buzz:
Ripple TerraPay partner to increase remittance flow from Canada with FINTRAC license
Now the country wants remittances to work smoothly, faster and cheaper than ever before … With a license from FINTRAC, the company will use its technology to make it easier for immigrants to send funds around the world and go home to their families.
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