Ripple 4 Hour Price Update
Updated March 21, 2020 05:35 AM GMT (01:35 AM EST)
Ripple is up 0.89% ($0.0014) since the last 4 hour candle, marking a reversal from the candle prior — and the end of a 3 four-hour candle negative run. Relative to other instruments in the Top Cryptos asset class, Ripple ranked 3rd since the last 4 hour candle in terms of percentage price change.
Ripple Daily Price Recap
Ripple is down 5.14% ($0.0085) since the previous day, marking a reversal from the day prior — and the end of a 3 day positive run. This move happened on lower volume, as yesterday’s volume was down 10.98% from the day before — and down 52.42% from the same day the week before. Those trading within the Top Cryptos asset class should know that Ripple was the worst performer in the class during the previous day. The daily price chart of Ripple below illustrates.
Ripple Technical Analysis
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. Price action traders in particular will want to note that the 90 day period appears to show price forming a base; this could indicate that a support/resistance level is developing. For additional context, note that price has gone up 5 out of the past 10 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 RobertArtRobArt:
One day, XRP will reverse and pump so hard into the stratosphere, you’ll start sweating and have a panic attack.#XRPCommunity
- From BubaChugs:
🍻 #XRPCommunity Hear Me! 🍻I Will Give You The DateFor The #XRP MoonIt Is In This Riddle:The Day Is The Number Of MoonsThe Month Is The Month That Ends With WhyThe Year Is The Year Of DreamsIt’s All There So Clear To SeeI Can’t Hold Your Hand.Buba Knows
- From X__Anderson:
#XRP is plumbing for the financial system. The time you call the plumber is when the pipes break.
As for a news story related to Ripple getting some buzz:
Ripple price bullish action on Thursday was just but the beginning of an extended recovery with the bullseye at $0.25….However, widespread bullish pressure on Thursday saw the bulls take on the resistance at $0.15 and $0.16.