Ripple (XRP) Down $0.0013 Over Past 4 Hours, in a Downtrend Over Past 30 Days; Price Base in Formation Over Past 14 Days

Ripple 4 Hour Price Update

Updated September 17, 2020 11:20 PM GMT (07:20 PM EST)

Ripple entered the current 4 hour candle at $0.2525, down 0.51% ($0.0013) from the previous 4 hours. On a relative basis, Ripple was the worst performer out of all 5 of the assets in the Top Cryptos asset class during the previous 4 hours.

Ripple Daily Price Recap

0.2468 (USD) was the opening price of the day for Ripple, resulting in the previous day being one in which price moved up 1.44% ($0.0035) from the previous day. As for how volume fared, yesterday’s volume was up 20.52% from the previous day (Tuesday), and up 16.7% from Wednesday of the week before. Relative to other instruments in the Top Cryptos asset class, Ripple ranked 2nd since the previous day in terms of percentage price change. Here is a daily price chart of Ripple.

XRP

Ripple Technical Analysis

Coming into today Ripple is now close to its 20 day averages, located at 0.25 respectively, and thus may be at a key juncture along those timeframes. 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. Trend traders will want to observe that the strongest trend appears on the 30 day horizon; over that time period, price has been moving down. Also of note is that on a 14 day basis price appears to be forming a base — which could the stage for it being a support/resistance level going forward. Or to view things another way, note that out of the past 14 days Ripple’s price has gone up 8 them.

Overheard on Twitter

For laughs, fights, or genuinely useful information, let’s see what the most popular tweets pertaining to Ripple for the past day were:

  • From SupremeXRP:

    I wanna make one point. @JoelKatz has ties to the NSA and you all think he ended up at @Ripple by accident lol. He was sent to change the financial world and $XRP has a major role to play in that new financial system. That guy will be legendary when all is said and done 🙏🏾.

  • From xrpreality:

    Many bought #XRP at $3.80 around 3 years ago, now people waiting for 20c or 17c or 12c or even lower#XRP can have a fireworks in blink of an eye & you wont even have enough time to login & place buy-order. ⚠️ WARNING:
    We are about to go parabolic at any moment.

  • From 1CrypticPoet:

    11 yrs ago, I started investing while my friends were spending their money at the clubs, parties & bars.
    Some of them called me a party pooper, a loser, an outcast; you name it.If I could back & do it all over…I wouldn’t change a fucking thing.Cheers to all #XRP invertors‼️

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

Ripple | Suisse Gold – Precious Metals Dealers

How to Buy Gold and Silver using Ripple Placing an order for precious metals on SuisseGold.ch using XRP is easy and quick….For a client purchasing a potentially large order of gold and silver bullion, this is a huge premium to pay over your order value….All products on SuisseGold.ch are available to clients placing orders in XRP.