The hourly display for XRP
Last updated 23 October 2020, 01: 037 GMT
At the time of writing, the price of XRP has increased by $ 0 (0.23%) 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. As for the trend of the hourly time frame, we see the clearest trend over the 50 hour time frame. The moving averages over the hourly timeframe suggest a fall 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 2.43% ($ 0.0061) from the previous day, marking the 2nd consecutive day, there was an upward movement. As for the volume trend, yesterday’s volume increased by 6.17% compared to the previous day (Wednesday) and by 49.04% compared to Thursday of the previous week. Of the 7 instruments in the Top Cryptos asset class, Ripple finished in 4th 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
Notably, Ripple broke its 100-day moving average yesterday. Trending traders will want to observe that the the strongest trend appears on day 30 horizon; in that period of time, the price went up. Or to look at it another way, note that over the past 30 days, Ripple’s price has risen by 19.
Heard on Twitter
On Twitter, here are the best tweets about Ripple:
- From XrpMr:
I don’t care that @PayPal doesn’t offer #XRP initially (it’s coming) I don’t care if PayPal won’t allow people to take assets off their platform (most may not want to) What I care about is they have over 346 million users which for the most part will have their first contact with cryptocurrencies!
- From galgitron:
I know everyone is disappointed that PayPal chose to foreclose on XRP, but keep in mind that this will bring 300 million people (10 times the current crypto people) by bringing a lot of money into space. Let’s hope the tide will lift all the boats
- From JoelKatz:
@millionaire_xrp @HamEggsnSam @SohrabAhmari I didn’t believe the deep state until I saw two tweets from Trump saying that he had declassified all of Russia’s investigative documents without editors, something he has an absolute right to do, yet the ones he allegedly work for. they refuse to do it.
For longer news related to XRP that has generated discussions, check out:
Ripple XRP and Quant Overledger Gateway Partnership – Business Partnerships – Altcoin Buzz
The platform has also added the Quant Network Overledger gateway as one of its Ripple XRP validators … Running an XRP validator via the Overledger gateways – which connects to the Quant ecosystem of the future, earn $ QNT by processing transactions from @ Ripple.
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