The hourly display for XRP
Last updated November 12, 2020, 02: 039 GMT
Currently, the price of XRP has increased by $ 0 (0.08%) from the previous hour. This move is a reversal from the previous hour, which saw the price rise. 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 a downtrend over the 20 hour candlestick period and such candle patterns often denote reversals, this can be noteworthy. Moving averages over the hourly timeframe suggest a downside in price, as 20, 50, 100 and 200 are all in a bearish alignment, meaning shorter-duration moving averages are lower than longer-duration averages. which implies a stable downward trend.
Ripple Daily Price Summary
Ripple arrived today up 0.79% ($ 0.002) from yesterday’s open, marking the 2nd consecutive day there was an increase. The price movement occurred on a stronger volume; in particular, yesterday’s volume increased by 25.47% compared to the previous day and by 101.07% compared to the same day the previous week. Compared to other instruments in the Top Cryptos asset class, Ripple has ranked 5th since yesterday in terms of percentage change in price. Let’s take a look at Ripple’s daily price chart.
Ripple technical analysis
Notably, Ripple is now close to its 20, 50 and 100 day moving averages, which can act as a price barrier for the asset. 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. Also, it should be noted that on a 30 day basis the price appears to form a base, which could be the stage for being a support / resistance level in the future. For further context, please note that the price has increased by 6 in the past 10 days.
Heard on Twitter
On Twitter, here are the best tweets about Ripple:
- From XRP_OWL:
I believe in XRP With that said, I’m not attached to it. I don’t believe “God” sent XRP to this world / blessed Trump with XRP 😂 if you do that’s okay 🙏 I believe XRP will destroy ATH but I could be wrong. This space is risky AF DYOR🙏That’s why I keep doing research.
- From Neloangelo 314:
The market must collapse for Xrp to rise. #Xrp is like a ghost stuck in the physical world. We need to break through on the other side for this to work. Has the price been low for so long in a new system? Here because. System in place for what is to come.
- From Janna_One_Trick:
I cannot understand how the world has not passed from this XRP is neither a share (does not give any title to the property)
or a bond (not a debt instrument) so a guarantee cannot be declared These old goblins’ stubbornness is disgusting @ Ripple move soon please
In terms of news links for Ripple, here’s one for you to check out:
Ripple customers can now get PayID names, here’s how
With thePayID, anyone can create a human-readable identifier for PayID transfers … However, “starter-pack” functions, such as creating a custom name “$ thepay.id”, are already up and running.
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