Ripple 4 Hour Price Update
Updated September 18, 2020 11:21 AM GMT (07:21 AM EST)
Ripple entered the current 4 hour candle at $0.2539, down 0.12% ($0.0003) from the previous 4 hours. Those trading within the Top Cryptos asset class should know that Ripple was the worst performer in the class during the previous 4 hours.
Ripple Daily Price Recap
Ripple is up 2.23% ($0.0055) since the day prior, marking the 2nd day in a row an increase has occurred. As for how volume fared, yesterday’s volume was up 11.71% from the previous day (Wednesday), and up 12.31% from Thursday of the week before. Out of the 5 instruments in the Top Cryptos asset class, Ripple ended up ranking 3rd for the day in terms of price change relative to the day prior. Here is a daily price chart of Ripple.
Ripple Technical Analysis
The first thing we should note is that the current price of Ripple is sitting close to its 20 day moving averages; moving average crosses often indicate a change in momentum, so this may be worth keeping an eye on. 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 30 day timeframe, which shows price moving down over that time. Or to view things another way, note that out of the past 14 days Ripple’s price has gone up 9 them.
Overheard on Twitter
Behold! Here are the top tweets related to Ripple:
- From SupremeXRP:
I wanna make one point. @JoelKatz has ties to the NSA and you all think he ended up at @Ripple by accident lol. He was sent to change the financial world and $XRP has a major role to play in that new financial system. That guy will be legendary when all is said and done 🙏🏾.
- From 1CrypticPoet:
11 yrs ago, I started investing while my friends were spending their money at the clubs, parties & bars.
Some of them called me a party pooper, a loser, an outcast; you name it.If I could back & do it all over…I wouldn’t change a fucking thing.Cheers to all #XRP invertors‼️
- From xrplumber:
Just thinking out loud. Now that a crypto exchange has become a bank, how long before banks (which already have permission to hold crypto) start acting like exchanges. They might just have to do it to keep up now. That could help #ODL and #XRP. 🤔 #XRPCommunity
As for a news story related to Ripple getting some buzz:
How to Buy Gold and Silver using Ripple Placing an order for precious metals on SuisseGold.ch using XRP is easy and quick….For a client purchasing a potentially large order of gold and silver bullion, this is a huge premium to pay over your order value….All products on SuisseGold.ch are available to clients placing orders in XRP.