Ripple 4 Hour Price Update
Updated March 26, 2020 05:35 AM GMT (01:35 AM EST)
The end of a 3 four-hour candle positive run has come for Ripple, which finished the last 4 hour candle down 0.49% ($0.0008). Those trading within the Top Cryptos asset class should know that Ripple was the worst performer in the class during the last 4 hour candle.
Ripple Daily Price Recap
0.1621 (USD) was the opening price of the day for Ripple, resulting in yesterday being one in which price moved down 0.49% ($0.0008) from yesterday. The price move occurred on volume that was down 13.91% from the day prior, but up 6.58% from the same day the week before. Ripple outperformed all 5 assets in the Top Cryptos asset class since yesterday. Here is a daily price chart of Ripple.
Ripple Technical Analysis
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. For another vantage point, consider that Ripple’s price has gone up 8 of the previous 14 trading days.
Overheard on Twitter
Over on Twitter, here were the top tweets about Ripple:
- From BabaCugs:
XRP Will Be $589+ in 2020Otherwise, This Account is Forever DeletedEnjoy The ShowGood Afternoon, Good Evening, Goodnight
- From 1CrypticPoet:
The rest of the world will soon understand what’s a digital dollar.The rest of the world will then understand what’s a digital Euro, digital Yen, etc.We wait until the world understands there’s a need for a digital bridge.We wait until FOMO kicks in.\U0001f942
- From KyleMacLeanX:
🏦 No bank or Central Bank is going to develop a bridge currency / on-demand liquidity tool from scratch. It would take 10 yrs & make no sense. “Computers could help my business. Windows? Nah, I’ll just develop my own operating system” 😅#blockchain $XRP #fintech
In terms of news links for Ripple here’s one to try: