The Hourly View for XRP
Last Updated November 18, 2020, 02:036 GMT
At the time of this writing, XRP’s price is down $0 (-1.09%) from the hour prior. It’s been a feast for bears operating on an hourly timeframe, as XRP has now gone down 8 of the past 10 hours. Regarding the trend, note that the strongest trend exists on the 100 hour timeframe. The moving averages on the hourly timeframe suggest a bearishness in price, as the 20, 50, 100 and 200 are all in a bearish alignment — meaning the shorter duration moving averages are below the longer duration averages, implying a stable downward trend.
Ripple Daily Price Recap
Ripple is up 5.07% ($0.0146) since the day prior, marking the 5th day in a row it has gone up. The price move occurred on stronger volume; specifically, yesterday’s volume was up 57.47% from the day prior, and up 232.97% from the same day the week before. Out of the 7 instruments in the Top Cryptos asset class, Ripple ended up ranking 3rd for the day in terms of price change relative to the day prior. Below is a daily price chart of Ripple.
Ripple Technical Analysis
The clearest trend exists on the 14 day timeframe, which shows price moving up over that time. Or to view things another way, note that out of the past 14 days Ripple’s price has gone up 10 them.
Overheard on Twitter
Behold! Here are the top tweets related to Ripple:
- From KyleMacLeanX:
New Personal Goals 😇1. When $XRP erupts, don’t be a jerk to the people who gave me a hard time about it for years.2. When Cardano $ADA gives me a 100X, don’t gloat3. When VeChain $VET hits $1, exercise restraint & be nice.If I break these, I’d get kicked out of Canada 🇨🇦
- From XRPcryptowolf:
I’m sure everyone has personal stuff going on since this year has been mentally shitty for everyone so why be even more negative towards people? Nah man none of you pay me at all to constantly shit on me just because you’re upset that XRP hasn’t gone up yet
- From CryptoBull2020:
Those of us who have been through the entire bear market: WE DESERVE THIS! And when #XRP hits $10, $15, $20 and above, we will all have a party. Hit that LIKE button if you agree!
For a longer news piece related to XRP that’s been generating discussion, check out:
Garlinghouse said that this is the reason for which Ripple is pushing XRP as a bridge asset to power cross-border transactions and exchange one currency for another….He continued and said: “The point [of Ripple’s efforts] is to enable a lot of efficiency and liquidity between XRP and the US dollar, and XRP and the Australian dollar….Sign up for the newsletter and get lasted cryptocurrency news.