Ripple (XRP) Closes Prior Hour Up 0.27%; is Inching Close to 20 Day Average, Crosses 50 Day Moving Average, in a Downtrend Over Past 30 Days

The Hourly View for XRP

Last Updated March 15, 2021, 02:017 GMT

Currently, Ripple’s price is up $0 (0.27%) from the hour prior. This move is a reversal from the hour prior, which saw price move up. Regarding the trend, note that the strongest trend exists on the 20 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 is up 4.14% ($0.0182) since yesterday, marking a reversal from the day prior — and the end of a 3 day negative run. The price move occurred on volume that was down 11.96% from the day prior, but up 28.85% from the same day the week before. Relative to other instruments in the Top Cryptos asset class, Ripple ranked 6th since yesterday in terms of percentage price change. Let’s take a look at the daily price chart of Ripple.

XRP

Ripple Technical Analysis

First things first: Ripple crossed above its 50 day moving average yesterday. Volatility for Ripple has been contracting over the past two weeks relative to volatility over the past month. Whether volatility reverts will be something to watch. The clearest trend exists on the 30 day timeframe, which shows price moving down over that time. Or to view things another way, note that out of the past 10 days Ripple’s price has gone up 6 them.

Overheard on Twitter

Over on Twitter, here were the top tweets about Ripple:

  • From attorneyjeremy:

    @IProbablyKnowN1 @RippleyMoon @jesse_hynes @JohnEDeaton1 I’m not being paid. I actually lose money doing this and Youtube but do it because I have a good time making the videos and because the XRP community is so appreciative and desirous of information. I am also very interested in crypto and learn a lot here.

  • From XRP_OWL:

    XRP WILL melt faces Not If When I’m all for diversifying, some of my bags have surpassed xrp by a lot. BUTDon’t lose track of why you bought XRP in the first place ….it is one of a few that can (will) shake the world ‘Pasta Coin’ isn’t in the “shake the world group”

  • From XRPcryptowolf:

    I fucking love all of you! You have no idea how much the #XRP community and crypto has changed my life! Thank you god for putting me through all the pain and suffering that led me to where I am today! I will always remain humble because I’m grateful for everything!

In terms of news links for Ripple here’s one to try:

Yet another victory for Ripple: Court also rejects Tetragon’s appeal

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