The hourly display for XRP
Last updated 20 October 2020, 11:16 GMT
Currently, the price of XRP has increased by $ 0 (0.2%) from the previous hour. XRP has seen its price drop down by 24 hours in the last 30 hours, thus creating some interesting opportunities for bears. 2 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 inconsistent, indicating a potential opportunity for rangebound traders.
Ripple Daily Price Summary
Ripple closed yesterday up 1.4% ($ 0.0034); this denotes the 3rd consecutive day that an increase has occurred. The price movement occurred on a stronger volume; in particular, yesterday’s volume increased by 140.63% compared to the previous day and by 7.22% compared to the same day the previous week. Compared to other instruments in the Top Cryptos asset class, Ripple has ranked 4th since yesterday in terms of percentage change in price. Let’s take a look at Ripple’s daily price chart.
Ripple technical analysis
Entering Ripple today is now close to its 20, 50 and 100 day moving averages, which could act as a price barrier for the asset. 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. For further context, note that the price has increased by 10 in the past 14 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 Lydia78976035:
I love when people are hostile to $ VET $ XRP and $ XLM. If I say I own XLM they ask me why not XRP. If I say I own XRP, why not VET. If I say I own XRP, then I must be crazy. “You have to trust your instincts and laugh at all the noise. What a time to be alive.
- From mrlevelup:
I have a busy week, so I’ll focus on my business. My data says it goes down until something important changes the situation. For example, a daily candle closes over 26 cents for XRP + other assets that respond as well.
Wish everyone the best, whether you want it to go up or down. See you later. - From jussyc123:
It’s amazing how shitty people can get when you dare to say something negative about xrp. Anyone would think it’s part of the family or something! For me it is good that I have bought and I hope to earn. Not anymore. The emotional attachment that some have is strange and sad
As for a Ripple-related news getting a bit of buzz:
Ripple Prediction: XRP Adoption Will Explode, Following Partnership With Bank Of America – Crypto Gazette
Now, it has been revealed that Ripple has released its third annual report on “Blockchain in Payments” – this detail showing positive results for the blockchain industry, the digital asset XRP and cryptocurrencies … The companies that were interviewed claim that the their customers are waiting for them to “keep innovating in payment technologies”. As for adoption, the report revealed that 34% of participants are in the production of some blockchain-powered solution.
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