The hourly display for XRP
Last updated November 21 2020, 02: 037 GMT
At the time of writing, the price of XRP has increased by $ 0 (0.8%) from the previous hour. XRP has seen its price fall down 4 hours in the last 5, Creating some interesting opportunities for the bears. As for the trend of the hourly time frame, we see the clearest trend over the 100 hour time frame. The moving averages over the hourly timeframe suggest a downside in price, as 20, 50, 100 and 200 are all in a bearish alignment, which means that the shorter duration moving averages are lower than the longer duration averages, the which implies a stable downward trend.
Ripple Daily Price Summary
Ripple closed the previous day up 8.58% ($ 0.0261); This denotes the 2nd day in a row that there has been an increase. As for the volume trend, yesterday’s volume increased by 40.84% compared to the previous day (Thursday) and by 139.41% compared to the Friday of the previous week. Ripple outperformed all 7 assets in the Top Cryptos asset class from the previous day. Congratulations to its owners! Ripple’s daily price chart below illustrates.
Ripple technical analysis
The clearest trend exists on day 14 timeframe, which shows the price increasing over time. Price action traders in particular will want to note that the 90 day period appears to show the price forming a base; this may indicate that you are developing a level of support / resistance. Or to look at it another way, note that over the past 14 days, Ripple’s price has risen by 10.
