Ripple (XRP) Closes Prior Hour Up 0.43%; But Still in a Downtrend Over Past 90 Days, 3 Day Down Streak Ended

The Hourly View for XRP

Last Updated July 19, 2021, 02:051 GMT

At the moment, XRP’s price is up $0 (0.43%) from the hour prior. This is a reversal of the price action on the previous hour, in which price moved up. As for the trend on the hourly timeframe, we see the clearest trend on the 50 hour timeframe. The moving averages on the hourly timeframe suggest a choppiness in price, as the 20, 50, 100 and 200 are all in a mixed alignment — meaning the trend across timeframes is inconsistent, indicating a potential opportunity for rangebound traders.

Ripple Daily Price Recap

Ripple’s 3 day negative streak has officially concluded, as the candle from yesterday closed up 0.96% ($0.0056). The change in price came along side change in volume that was down 25.47% from previous day, but up 39.85% from the Sunday of last week. On a relative basis, yesterday was pretty good: Ripple bested all 7 of the assets in the Top Cryptos class 🙂 Here is a 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. Or to view things another way, note that out of the past 10 days Ripple’s price has gone down 6 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 SirRobArtII1:

    You should have bought #XRP when it crashed 97% and struck $0.10. But did you? You should have bought #XRP when SEC crashed it to $0.17. But did you? Something terrible may happen to the price now and you’ll think the bull market is over. You should buy then. But will you?

  • From Bitboy_Crypto:

    The @Ripple, SEC, and $XRP case will make ripples across the crypto space.I believe Ripple will win the case, and this will be a HUGE win for all of us. The #crypto space isn’t perfect, but we’re all in on the same mission.

  • From JohnEDeaton1:

    A simple example to show the true difference between a currency and a security:@linqtoinc sells shares of @Ripple stock and you can link your @UpholdInc wallet to your Linqto account and use your #XRP to buy actual shares of Ripple Labs. #XRP is the 💰 that buys the security.

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

Buy XRP – Buy Ripple – Uphold

Although the total supply is large in comparison with other digital assets, not all XRP is circulating in the market….With Uphold, you can buy digital currencies in just 11 clicks – even if you don’t have an account yet.

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