The Hourly View for XRP
Last Updated May 23, 2021, 02:046 GMT
Currently, XRP’s price is down $-0.01 (-1.37%) from the hour prior. It’s been a feast for bears operating on an hourly timeframe, as XRP has now gone down 9 of the past 10 hours. As for the trend on the hourly timeframe, we see the clearest trend on the 100 hour timeframe. The moving averages on the hourly timeframe suggest a bullishness in price, as the 20, 50, 100 and 200 are all in a bullish alignment — meaning the shorter durations are above the longer duration averages, implying a sound upward trend.
Ripple Daily price Recap
Ripple closed yesterday down 10.16% ($0.1025); this denotes the 2nd day in a row it has gone down. This move happened on lower volume, as yesterday’s volume was down 33.3% from the day before — and down 28.18% from the same day the week before. On a relative basis, Ripple was the worst performer out of all 7 of the assets in the Top Cryptos asset class during yesterday. Let’s take a look at the daily price chart of Ripple.
Ripple Technical Analysis
Moving average crossovers are always interesting, so let’s start there: Ripple crossed below its 100 day moving average yesterday. Trend traders will want to observe that the strongest trend appears on the 90 day horizon; over that time period, price has been moving up. Or to view things another way, note that out of the past 14 days Ripple’s price has gone up 7 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 JustImpulsive:
- From xrp_mami:
I hope y’all remember that Eddie G made a video last time when we were trading super low. And then weeks later we exploded. These guys are communicating out in the open to let us know that it’s time. The current market and price is a distraction. $XRP is indeed about to blow 😉
- From Kevin_Cage_:
They called $XRP a scam at $.005 They called it a scam at $3.I’ll be here for years.Oh, not to mention Rosie Rios called it “one of the few legitimate assets”Believe what you wish. #BigPicture Have a great weekend. All love here.
As for a news story related to Ripple getting some buzz: