Ripple (XRP) Closes Last Hour Up $0.01; Heads Down For the 2nd Consecutive Day, But Still in an Uptrend Over Past 14 Days

The Hourly View for XRP

Last Updated February 17, 2021, 00:017 GMT

At the moment, Ripple’s price is up $0.01 (1.08%) from the hour prior. This move is a reversal from the hour prior, which saw price move up. As for the trend on the hourly timeframe, we see the clearest trend on the 50 hour timeframe. The moving averages on the hourly timeframe suggest a bullishness in price, as the 20, 50, 100 and 200 are all in a bullish alignment — meaning the shorter durations are above the longer duration averages, implying a sound upward trend.

Ripple Daily Price Recap

Ripple closed the day prior down 7.23% ($0.0429); this denotes the 2nd consecutive day a decrease has occurred. As for how volume fared, yesterday’s volume was up 23.75% from the previous day (Monday), and up 39.28% from Tuesday of the week before. Those trading within the Top Cryptos asset class should know that Ripple was the worst performer in the class during the day prior. Let’s take a look at the daily price chart of Ripple.

XRP

Ripple Technical Analysis

The clearest trend exists on the 30 day timeframe, which shows price moving up over that time. For another vantage point, consider that Ripple’s price has gone up 20 of the previous 30 trading days.

Overheard on Twitter

Behold! Here are the top tweets related to Ripple:

  • From benaliA94:

    $50🦸🤑 #USDT #giveaway (5 Winners, $10 each)
    To enter : like and tag 2 friends 🙋‍♂️
    And must be following myself.
    ⌚️ Ends in 24 hrs, Good luck.
    $SNM $LINK $ETH $OGN $XRP $BNB $BTC $ANT $ADA $IRIS $ANKR $ATOM $LEND $SOL $MATIC $DNT $WRX $LTC $EOS $ZIL $SNX $CHZ $REN $RLC $MANA

  • From ISO_XRP:

    It’s interesting to see so many #XRP holders throwing in the towel on XRP, for other cryptos with less then a 10th the partnerships that @Ripple has! 🤦‍♂️ And to think we’re so close to take off we’ve all got to choose our own path I guess. 🤷‍♂️

  • From xrp_mami:

    #XRP definitely looking defeated. The lower we go the more I buy 🤷🏻‍♀️ It’s like winning the lottery in slow mo. I will say though. My main focus has now shifted to growing my other bags. When #XRP gets it’s big dip. I’ll be grabbing a fuck ton.

As for a news story related to Ripple getting some buzz:

XRP Tanks 12% as Ripple Co-founder Jed McCaleb Dumps Over 6M XRP

This happens just at a time when Ripple co-founder Jed McCaleb dilutes his XRP holdings bringing it below half-a-billion….This brings his total holdings to 442 million in the XRP wallet….Thus, McCaleb seems to have made more than half-a-billion dollars in gains by selling XRP over the last 8 months.