The hourly display for XRP
Last updated December 3, 2020, 02: 036 GMT
At the time of writing, the price of XRP has fallen by $ 0 (-0.05%) from the previous hour. It was a feast for the bears operating on an hourly time frame, as XRP has now dropped by 8 of the past 10 hours. Regarding the trend, note that the strongest trend exists in the 20 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 20 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
0.631 (USD) was the day’s opening price for Ripple, resulting in yesterday’s price in which the price rose 3.19% ($ 0.0195) from yesterday. This move happened with lower volume, as yesterday’s volume fell 39.93% from the day before and 69.94% from the same day the previous week. Of the 7 instruments in the Top Cryptos asset class, Ripple finished in 2nd place for the day in terms of price change compared to yesterday. Below is a chart of Ripple’s daily prices.
Ripple technical analysis
The clearest trend exists in the 30 days timeframe, which shows the price increasing over time. Or to look at it another way, note that Ripple’s price has risen by 6 over the past 10 days.
