Ripple (XRP) Down $0.0001 in Last 4 Hours, Entered Today Down 0.1%; Pin Bar Pattern Appearing on Chart

Ripple 4 Hour Price Update

Updated July 20, 2020 03:20 PM GMT (11:20 AM EST)

Ripple came into the current 4 hour candle down 0.05% ($0.0001) from the open of the previous 4 hours, marking the 4th candle in a row it has gone down. Those trading within the Top Cryptos asset class should know that Ripple was the worst performer in the class during the previous 4 hours.

Ripple Daily Price Recap

Ripple entered today at $0.1996, down 0.1% ($0.0002) from yesterday. This move happened on lower volume, as yesterday’s volume was down 16.9% from the day before — and down 3.1% from the same day the week before. Those trading within the Top Cryptos asset class should know that Ripple was the worst performer in the class during yesterday. Let’s take a look at the daily price chart of Ripple.

Ripple Technical Analysis

Coming into today Ripple is now close to its 20, 50, 100 and 200 day averages, located at 0.19, 0.19, 0.2 and 0.21 respectively, and thus may be at a key juncture along those timeframes. 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 down 5 out of the past 10 days.

Overheard on Twitter

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

  • From AndrewP47809396:

    Don’t get me wrong, I’m super bullish on XRP (bags packed) but since I decided to diversify I feel like my horse blinders have come off and I’m seeing potential in so many other projects. So many gems, so little money. I picked up ERD and QKC as my most recent. DYOR

  • From katemossalike:

    Lately I’m seeing so many people doubting #xrp and leaving it for other crypto’s. I remember right before it shot up I was having doubts,nearly panic sold because everything else was going up! thank god I didn’t it literally went to the moon and beyond not long after.

  • From CyPhlux:

    What are the first 5 things you’re going to do wen mewn?1. TELL EVERYONE “I TOLD YOU SO”
    2. Get a lawyer and an accountant
    3. Pay off any debt I have
    4. Pay my parents debt
    5. Make my money work for me the rest of me and my girls life#xrp #xrpthestandard #XRPcommunity

For a longer news piece related to XRP that’s been generating discussion, check out:

Ripple (XRP) CEO “is in awe” of China’s crypto and blockchain approach | CryptoSlate

The Zhejiang district in China has laid the foundation for the Blockchain Service Network, (BSN) the country’s ambitious nationwide blockchain project, as per local reports this week….CryptoSlate does not endorse any project or asset that may be mentioned or linked to in this article….None of the information you read on CryptoSlate should be taken as investment advice, nor does CryptoSlate endorse any project that may be mentioned or linked to in this article….CryptoSlate is only an informational website that provides news about coins, blockchain companies, blockchain products and blockchain events.