The hourly display for XRP
Last updated December 2, 2020, 02: 036 GMT
At the time of writing, the price of XRP has fallen by $ 0 (-0.63%) from the previous hour. XRP has seen its price drop down 4 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 50 hour time frame. 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 is in today at $ 0.6115, down 8.03% ($ 0.0534) from yesterday. This move happened with lower volume, as yesterday’s volume was down 5.37% from the day before and 69.29% from 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. Ripple’s daily price chart below illustrates.
Ripple technical analysis
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, please note that the price has increased by 5 in the past 10 days.
