The hourly display for XRP
Last updated November 28, 2020, 02: 037 GMT
At the time of writing, the price of XRP has dropped $ -0.01 (-1.39%) from the previous hour. It was a party for the bears operating on an hourly time frame, as XRP has now dropped by 5 of the last 5 hours. Regarding the trend, note that the strongest trend exists in the 50 hour period. 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 potential opportunity for rangebound traders.
Ripple Daily Price Summary
Ripple entered $ 0.5626 today, up 4.69% ($ 0.0252) from the previous day. The price movement occurred on volume which was down 50.23% from the previous day, but up 154.21% from the same day the previous week. Compared to other instruments in the Top Cryptos asset class, Ripple ranked 2nd from the previous day in terms of percentage change in price. Ripple’s daily price chart below illustrates.
Ripple technical analysis
The clearest trend exists on the 14th day timeframe, which shows the price increasing over time. For another point of view, consider that Ripple’s price has risen by 6 of the previous 10 trading days.
