Ripple 4 Hour Price Update
Updated June 29, 2020 01:37 AM GMT (09:37 PM EST)
The choppiness in the recent four-hour candle price action of Ripple continues; to start the current 4 hour candle, it came in at a price of 0.177 US dollars, up 0.17% ($0.0003) since the previous 4 hours. 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
Ripple entered today at $0.1769, up 1.03% ($0.0018) from yesterday. The price move occurred on volume that was down 25.45% from the day prior, but up 64.54% from the same day the week before. Out of the 5 instruments in the Top Cryptos asset class, Ripple ended up ranking 4th for the day in terms of price change relative to yesterday. Let’s take a look at the daily price chart of Ripple.
Ripple Technical Analysis
The clearest trend exists on the 14 day timeframe, which shows price moving down over that time. Also of note is that on a 90 day basis price appears to be forming a base — which could the stage for it being a support/resistance level going forward. Or to view things another way, note that out of the past 30 days Ripple’s price has gone down 16 them.
Overheard on Twitter
Over on Twitter, here were the top tweets about Ripple:
- From LordSnowXRP:
Many people think that #xrp going to $10k is impossible. Well Just to put things into prospective, 50k XRP = $500m
500k XRP = $5b
1m XRP = $10bBezos net worth: $163b…Less that .01% of people own 1m xrp and bitcoin climbed to $20k..Um, Its VERY possible
- From ShakoDoggo:
When #XRP will blow up, I will avoid anyone with a poor man’s mentality. I already do it now so it’ll be easy. Enough with people talking about unnecessary things like partying and “chilling” outside. It’s time to build empires, something the other dumbfucks have no clue about.
- From XRPcryptowolf:
The freedom to fail is vital if you’re going to succeed. Successful people fail from time to time & it’s a measure of their strength that failure merely propels them into some new attempt at successAll your failures in life have lead you to #XRP so don’t waste this opportunity
In terms of news links for Ripple here’s one to try:
According to a presentation published yesterday, SBI plans to establish the first cryptocurrency fund in Japan, which will consist of 50% XRP, 30% Bitcoin and 20% Ethereum….SBI Alternative Investments Co Ltd will establish and manage the crypto Fund….The announced crypto fund is apparently another proof of confidence of SBI Holding in Ripple and its technologies.