Ripple Price Recap
Ripple is down 3.33% since yesterday, marking a reversal from the day prior — and the end of a 6 day positive run. The price move occurred on stronger volume; specifically, yesterday’s volume was up 45.72% from the day prior, and up 13.95% from the same day the week before. Out of the 5 instruments in the Top Cryptos asset class, Ripple ended up ranking 4th for the day in terms of day-over-day price change. Below is a price chart of Ripple.
Ripple Technical Analysis
Volatility for Ripple has exploded over the past two weeks relative to the past 30 days, which technical traders will want to note. Trend traders will want to observe that the strongest trend appears on the 14 day horizon; over that time period, price has been moving up. For additional context, note that price has gone up 7 out of the past 10 days.
Overheard on Twitter
Behold! Here are the top tweets related to Ripple:
- From digitalassetbuy:
As XRP rises you will see more bad guys attack out of nowhere. There will also be bad guys you thought were good guys. Get used to it. XRP won’t be stopped. #0doubt
- From sentosumosaba:
Compliance Officer Graham Bright of EuroExim Bank(#XRP ODL) claims Business Worldwide Magazine Award for the title “Most Innovative Executive in the Trade Finance Industry” Trade transactions have traditionally been complex & costly but great strides have been made in settlement
- From XrpYoda:
For the poor people that bought the #xrp bag at $2 it will get back there stay strong the force is with you
In terms of news links for Ripple here’s one to try:
McCaleb received the tokens for participating in establishing the projects. Since 2014, McCaleb has sold more than one billion XRP tokens….Investigations claim that 8 billion XRP to different addresses represents the total amount of XRP McCaleb had.