Ripple (XRP) closes the last hour down $ -0.01; But still in an uptrend for the past 14 days, it moves down for the 2nd consecutive day

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The hourly display for XRP

Last updated November 27, 2020, 02: 037 GMT

Currently, the price of XRP is down $ -0.01 (-1.32%) from the previous hour. It was a party for the bears operating on an hourly time frame, as XRP has now dropped by 4 of the last 5 hours. As for the trend of the hourly time frame, we see the clearest trend over 20 hours. 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 not consistent, indicating opportunity for rangebound traders.

Ripple Daily Price Summary

Ripple closed yesterday down 14.81% ($ 0.0934); this denotes the 2nd consecutive day that it went down. As for the volume trend, yesterday’s volume increased by 19.95% compared to the previous day (Wednesday) and by 619.45% compared to Thursday of the previous week. On a relative basis, Ripple was the worst of all 7 assets in the Top Cryptos asset class yesterday. Let’s take a look at Ripple’s daily price chart.

XRP

Ripple technical analysis

The clearest trend exists on day 14 timeframe, which shows the price increasing over time. Or to look at it another way, note that over the past 14 days the price of Ripple has risen by 10.

Heard on Twitter

Look! Here are the best tweets related to Ripple:

  • From connection:

    PayPal
    @PayPal Why do you use BCH over XRP or LTC for that matter. EXCLUDING XRP for your 358 million customers to buy and your 28 million merchants to buy WHY ?? XRP IS THE BEST EXISTING CRYPTO TECHNOLOGY – WHAT HAPPENS – XRP SHOULD BE AVAILABLE TO YOUR CUSTOMERS.
    @ garlinghouse

  • From CryptoNostra:

    💵💵 Money to make? 😏🎉 The presale 1 of $ ADOO is completed Join the presale 2 if you want to enter, there is not much time left 🚀 Follow @NetworkAdoo and join the telegram in the comments 💵 _______________
    $ apl $ xrp $ yfi $ core $ eth $ tru $ eth
    Airdrop @cctip_io 0.017 ETH 500

  • From XRP_stuart:

    So $ XRP we had to have a fix, right! BTC fell to around $ 16,332 and XRP $ 0.46. Remember the last time BTC had that price of $ 16,332 on November 16th, XRP was $ 0.27. Once the fix is ​​done, XRP can move to $ 1 and beyond 🙂

For longer news related to XRP that has generated discussions, check out:

Ripple Prediction: Bull Cycle Could Push XRP to $ 0.92 – Crypto Gazette

Crypto News Flash notes that the analyst who goes by the name Magic on Twitter said he was extremely optimistic about the price of XRP these days …. Crypto News Flash’s online publication notes that in a post via Trading View, the analyst explained that XRP broke out over a steeply falling wedge pattern on the daily chart in July … Welcome to $ 600 $ ETH Get the latest cryptocurrency news in your inbox.

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