The Hourly View for XRP
Last Updated April 6, 2021, 03:017 GMT
At the time of this writing, Ripple’s price is up $0.02 (2.43%) from the hour prior. The hourly chart shows that Ripple has seen 2 straight up hours. Regarding the trend, note that the strongest trend exists on the 50 hour timeframe. Regarding moving averages, it should first be noted that price has crossed the 20 hour moving average, resulting in them with price now being below it. The moving averages on the hourly timeframe suggest a bearishness in price, as the 20, 50, 100 and 200 are all in a bearish alignment — meaning the shorter duration moving averages are below the longer duration averages, implying a stable downward trend.
Ripple Daily Price Recap
Ripple closed the day prior up 44.02% ($0.2794); this denotes the 2nd straight day it has gone up. As for how volume fared, yesterday’s volume was up 622.42% from the previous day (Sunday), and up 526.84% from Monday of the week before. Ripple outperformed all 7 assets in the Top Cryptos asset class since the day prior. Congrats to its holders! 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 up. Or to view things another way, note that out of the past 30 days Ripple’s price has gone up 17 them.
Overheard on Twitter
Behold! Here are the top tweets related to Ripple:
- From JohnEDeaton1:
@CoinDesk @godbole17 No, this is good for us. I plan to cite this article in our papers. It shows that XRP’s price is correlated – as it always has been – with #BTC and #ETH’s price action and not Ripple’s efforts. So thank you CoinDesk because I have to provide a cite for every factual assertion.
- From jungleincxrp:
$XRP can and should pump to the moon. I will still not be happy until @SEC_News , @coinbase , @krakenfx , @BinanceUS do the right thing:#RelistXRP 🔥 🔥 🔥 We are trying to change the world get out of our way.
- From GSL24236982:
@SEC_News Hey @SEC_Enforcement seems kinda hard to argue in court that the 200+% rise in #XRP over the last three months can be “solely from the efforts of @Ripple” while your boot has been on their neck since December. Good luck in court. Tell Hinman & Clayton the XRP Army says “Hi”😏