Ripple 4 Hour Price Update
Updated April 04, 2020 11:18 PM GMT (07:18 PM EST)
Ripple closed the previous 4 hours up 0.5% ($0.0009); this denotes the 3rd candle in a row an upward move has occurred. Out of the 5 instruments in the Top Cryptos asset class, Ripple ended up ranking 4th for the four-hour candle in terms of price change relative to the previous 4 hours.
Ripple Daily Price Recap
Ripple is up 0.73% ($0.0013) since the day prior, marking the 5th day in a row an upward move has occurred. This move happened on lower volume, as yesterday’s volume was down 21.99% from the day before — and down 39.09% from the same day the week before. Relative to other instruments in the Top Cryptos asset class, Ripple ranked 3rd since the day prior in terms of percentage price change. The daily price chart of Ripple below illustrates.
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 14 day timeframe, which shows price moving up over that time. For another vantage point, consider that Ripple’s price has gone up 7 of the previous 10 trading days.
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 thebearablebull:
I don’t believe 0.18c is the TRUE PRICE of XRP..1)Coinmarketcap TRUE PRICE *Liquidity* Metric2)Binance purchases Coinmarketcap3)Binance & Ripple/XRP strong ties Something is up & I love where this is goingWe are lucky to be able to buy it this cheap STOP COMPLAINING
- From Kevin_Cage_:
Literally every conversation w the GirlfriendMe: I love you.Her: …Even more than XRP?Me: ……………………Yes.#whipped $XRP #XRPCommunity
- From RobertArtRobArt:
Bitcoin needs to breach $10400, XRP $0.34. First sign of a bullish reversal. Until then new lows are in play. Failure to breach last highs has resulted in new lows every single time since the crash. Hoping and praying for a bullish reversal. Want us all to make money!❤️#XRPBTC
For a longer news piece related to XRP that’s been generating discussion, check out:
Some exchanges already generate new tags for every transaction, but there are only a finite number of tags available….Using blinded tags not only protects users’ identity, but it also acts as an effective “workaround” for preserving the number of destination and source tags available to exchanges, Bougalis added.