Ripple 4 Hour Price Update
Updated March 24, 2020 05:35 AM GMT (01:35 AM EST)
Ripple is up 1.13% ($0.0018) since the previous 4 hours, marking the 4th candle in a row it has gone up. Out of the 5 instruments in the Top Cryptos asset class, Ripple ended up ranking 3rd for the four-hour candle in terms of price change relative to the previous 4 hours.
Ripple Daily Price Recap
The back and forth price flow continues for Ripple, which starts today off at 0.159 US dollars, up 7.58% ($0.0112) from yesterday. The price move occurred on volume that was up 66.52% from the day prior, but down 41.45% 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 yesterday. The daily price chart of Ripple below illustrates.
Ripple Technical Analysis
Possible trend change alert: Ripple’s momentum/trend on a 14 day basis may be decelerating. The clearest trend exists on the 30 day timeframe, which shows price moving down over that time. 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. Or to view things another way, note that out of the past 10 days Ripple’s price has gone up 6 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 BizhopCrypto:
I remember convos about how the supply of 100 Billion $XRP was WAY too much for #XRP to see any serious price point in the future… The U.S Fed out here playing with TRILLIONS like candy and lollipops. 🍭🍬🍫I think XRP’s price will be just fine LOL 🚀🚀🚀#XRPCommunity
- From CryptoBull2020:
If the USA government wants to send stimulus checks to the American people, it would take 6 weeks or longer by mail, 3 weeks or longer through bank deposit and 3 seconds using #XRP.
- From CyPhlux:
#XRP has opened the door for me in so many ways. I’ve met some incredible people in this space. People I wouldn’t have met otherwise. People I greatly respect. This market has taught incredible patience and confidence. Allowed me to create content I’m passionate about. 1/2 #xrp
As for a news story related to Ripple getting some buzz:
Band Protocol price data has been successfully integrated into Kava’s price feed module that verifies data from Band and saves the price result instance….Website | Whitepaper | Telegram | Medium | Twitter About Band ProtocolBand Protocol is a data oracle platform building the data layer of the Web 3.0. It provides an accurate information feed from community-curated data providers that allows blockchains to access trusted data from outside of the network.