Ripple 4 Hour Price Update
Updated August 11, 2020 07:19 PM GMT (03:19 PM EST)
0.2892 (USD) was the opening price of the four-hour candle for Ripple, resulting in the previous 4 hours being one in which price moved up 0.56% ($0.0016) from the previous 4 hours. Ripple outperformed all 5 assets in the Top Cryptos asset class since the previous 4 hours.
Ripple Daily Price Recap
0.2947 (USD) was the opening price of the day for Ripple, resulting in yesterday being one in which price moved up 2.33% ($0.0067) from yesterday. The price move occurred on volume that was up 23.42% from the day prior, but down 53.4% from the same day the week before. Out of the 5 instruments in the Top Cryptos asset class, Ripple ended up ranking 2nd for the day in terms of price change relative to yesterday. Here is a daily price chart of Ripple.
Ripple Technical Analysis
The clearest trend exists on the 30 day timeframe, which shows price moving up over that time. For additional context, note that price has gone up 19 out of the past 30 days.
Overheard on Twitter
Behold! Here are the top tweets related to Ripple:
- From madave_lui:
If you really hate banks you’d support $XRP. XRP forces banks to change, cuts out correspondent banks, and forces them to lower fees when customers can vote with their wallets. Banks aren’t going anywhere but in 10 years they will be unrecognizable because of tech and $XRP.
- From Jiltz_XRPeeps:
I recently got a friend to invest in XRP and he bought a shitload at $0.15.
No endless researching and years of holding the ups and downs for this guy, just straight in at the bottom and he’s since doubled his money.He now thinks I’m Jesus.I now think he’s Satan.😂
- From XRPcryptowolf:
Many people are bummed out that #XRP hasn’t skyrocketed like #LINK but trust me when I say that it definitely will. I’ve seen it happen before in 2017 and it will happen again. Don’t FOMO into a parabolic pump only to get rekt when you could be preparing for the next opportunity
For a longer news piece related to XRP that’s been generating discussion, check out:
Total sales (OTC-only, given programmatic pause) ended the quarter at 18 bps of CryptoCompare TopTier volumes….As for overall liquidity and volume, XRP ended the quarter as the fifth most traded digital asset as measured by rolling 30D volume….XRP volume remained relatively strong as overall digital asset volume saw a dip in the second quarter of 2020….The XRP Ledger saw over 85 million in total transactions and XRP’s adjusted transfer value (NVT) ratio was 200.512—the highest among all digital assets in Q2.