Ripple 4 Hour Price Update
Updated September 11, 2020 03:19 PM GMT (11:19 AM EST)
Ripple closed the previous 4 hours up 0.42% ($0.001); this denotes the 3rd consecutive candle an increase has occurred. 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 closed yesterday up 1.67% ($0.004); this denotes the 2nd day in a row it has gone up. The price move occurred on volume that was up 16.08% from the day prior, but down 46.37% from the same day the week before. Relative to other instruments in the Top Cryptos asset class, Ripple ranked 3rd since yesterday in terms of percentage price change. Below is a daily price chart of Ripple.
Ripple Technical Analysis
Trend traders will want to observe that the strongest trend appears on the 14 day horizon; over that time period, price has been moving down. Or to view things another way, note that out of the past 14 days Ripple’s price has gone up 9 them.
Overheard on Twitter
Over on Twitter, here were the top tweets about Ripple:
- From FlareNetworks:
Absolutely awesome that @AltCoinTraderSA have decided to support the Spark distribution. We have reached out to them to confirm that they agree to distribute EVERY token they receive to their XRP clients. Then we will list them as a supporting exchange on our site. #XRP #Flare
- From XRP_OWL:
I know most people in the XRP community know what’s really going on. If the masses think what’s going on is a show (most do at this point) then please tell them there are spoilers everywhere as to how this all ends 😂They just need to know where to look…hint…not TV
- From CryptoMotus:
I laugh at all of you doubting persons like @CryptoWhale who are merely trying to help you win at lifeHe speaks “Buy low, sell high,” a fundamental rule in investing and trading.Yet many of you bash, hate on, and ridicule him.News flash: he bought $XRP at $0.006 in 2016.
As for a news story related to Ripple getting some buzz:
In another tweet, the analyst also pointed out the importance of Ripple’s compliance with ISO20022 for standardized payments….As CNF reported, Ripple was the first DLT-oriented company to join the ISO 20022 standards committee for cross-border payments in May….The solution for this is the ISO2022 compliant RippleNet: Our philosophy is to provide each bank and payment provider with a real-time connection to a global network called RippleNet that rigorously adheres to the ISO2022 standard, enabling these organizations to send and receive payments on behalf of their customers, between each other immediately, with finality and transparently—regardless of the amount of money being sent or the currencies that is needs to be sent from and to.