Ripple 4 Hour Price Update
Updated September 09, 2020 01:36 AM GMT (09:36 PM EST)
Ripple entered the current 4 hour candle at $0.2362, up 0.94% ($0.0022) 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
The back and forth price flow continues for Ripple, which started today off at 0.2366 US dollars, down 2.31% ($0.0056) from the day prior. The change in price came along side change in volume that was up 8.9% from previous day, but down 34.37% from the Tuesday of last week. Ripple outperformed all 5 assets in the Top Cryptos asset class since the day prior. Congrats to its holders! Below is a daily price chart of Ripple.
Ripple Technical Analysis
The first thing we should note is that Ripple is now close to its 100 day averages, located at 0.23 respectively, and thus may be at a key juncture along those timeframes. The clearest trend exists on the 90 day timeframe, which shows price moving up over that time. Traders will also want to note, though, that a counter trend — meaning a trend going down — can be seen on the 14 and 30 day timeframes. This may setup an interesting opportunity for traders looking to buy dips in anticipation of the primary trend resuming. 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 XRPeuphoria_:
I waited 8 years to tell the girl of my dreams that I loved her…I waited 1 1/2 years longer to make her my wife…I had waited 22 years to share physical intimacy with a woman…my wedding night…so yeah, I think I can wait a little longer for XRP…waiting is what I do…😊
- From DakotaDS:
For those still confused about @FlareNetworks. You’re basically taking the best of #XRP and the best of #ETH and smashing them together and putting them on copious amounts of steroids without any side effects. This equals a whole new world. 🎉🎉🎉 #Crypto $XRP $ETH $Spark
- From Roblox_RTC:
UPDATE: XRP RIPPLE is a type of cryptocurrency. It has existed since 2013. Scrimzox uploaded 4 minutes ago and the video was instantly privated along With the rest. Until we again, get the clear from Scrimzox / Nathorix, DO NOT trust an upload – it may be a scam live stream!
For a longer news piece related to XRP that’s been generating discussion, check out:
According to Business Wire, Ripple partner ACI Worldwide is helping the State Bank of India to upgrade its payment switching system….ACI has helped the bank to upgrade and expand its payment switching system by means of ACI’s Retail Payments solution….To help the bank upgrade and expand, ACI is employing its Retail Payments solution.