The hourly display for XRP
Last updated November 18, 2020, 03: 017 GMT
Currently, the price of XRP is down $ -0.01 (-1.96%) from the previous hour. XRP has seen its price drop down 5 hours in the last 5, thus creating some interesting opportunities for bears. As for the trend of the hourly time frame, we see the clearest trend over the 100 hour timeframe. 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 is up 5.07% ($ 0.0146) from the previous day, marking the 5th consecutive day, it has increased. As for the volume trend, yesterday’s volume increased by 57.47% compared to the previous day (Monday) and by 232.97% compared to Tuesday of the previous week. Of the 7 instruments in the Top Cryptos asset class, Ripple finished in third place for the day in terms of price change from the previous day. Below is a chart of Ripple’s daily prices.
Ripple technical analysis
Trending traders will want to observe that the the strongest trend appears on day 14 horizon; in that period of time, the price went up. For further context, please note that the price has increased by 8 over the past 10 days.
Heard on Twitter
For laughs, quarrels or really useful information, let’s see what the most popular tweets related to Ripple have been in the last day:
- From KyleMacLeanX:
New personal goals 😇1. When $ XRP blows up, don’t be an idiot with people who’ve been giving me a hard time for years. When Cardano $ ADA gives me a 100X, don’t gloat3. When VeChain $ VET reaches $ 1, practice moderately and be gentle, if I break them I will be kicked out of Canada 🇨🇦
- From XRPcryptowolf:
I’m sure everyone has personal stuff going on since this year has been mentally shitty for everyone, so why be even more negative about people? No man, none of you pay me to constantly shit on me just because you’re upset that XRP hasn’t increased yet
- From CryptoBull2020:
Those of us who have gone through the entire bear market: WE DESERVE THIS! And when #XRP hits $ 10, $ 15, $ 20 and up, we’ll all have a party. Press the LIKE button if you agree!
For longer news related to XRP that has generated discussions, check out:
Ripple’s Brad Garlinghouse: XRP as a key cryptocurrency in the digital dollar revolution – Crypto Gazette
Garlinghouse said this is why Ripple is pushing XRP as a bridging asset to power cross-border transactions and exchange one currency for another …. He went on and said, “The point [of Ripple’s efforts] is to allow for a lot of efficiency and liquidity between XRP and the US dollar, and XRP and the Australian dollar …. Sign up for the newsletter and get lasting news about cryptocurrency.
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