Ripple (XRP) Up 8.08%

Ripple Price Recap

Ripple is up 8.08% since yesterday, marking day in a row an upward move has occurred. The price move occurred on stronger volume; specifically, yesterday’s volume was up 65.83% from the day prior, and up 9.14% from the same day the week before. Relative to other instruments in the Top Cryptos asset class, Ripple ranked 2nd yesterday in terms of percentage price change. The price chart of Ripple below illustrates.

Ripple Technical Analysis

The clearest trend exists on the 14 day timeframe, which shows price moving up over that time. Or to simplify this another way, note that out of the past 30 days Ripple’s price has gone up 17 them.

Overheard on Twitter

Over on Twitter, here were the top tweets about Ripple:

  • From BTC_Macro:

    This is what I want to see next bull run:$BTC – $125k
    $ETH – $10k
    $LTC – $2.5k
    $XRP – $19

  • From scottmelker:

    I don’t need a chart to see that $XRP is a candidate for a sizable move. All of the other majors have ripped while it has lagged behind. Don’t be surprised if it catches up.

  • From BinanceAmerica:

    BREAKING: $XRP just broke $0.30 on Binance US!

In terms of news links for Ripple here’s one to try:

Amendments: Ensuring Sensible Evolution of the XRP Ledger | Ripple

As the XRP Ledger network grows, so does the need for improved governance.  One of the key governance mechanisms that XRPL uses is the amendment process, purposely designed and built for broad participation….The amendment process itself is then able to be used by the community to coordinate enabling the feature.