Ripple (XRP) Up $0.0001 in Last 4 Hours, Started Today Up 0.23%; Price Base in Formation Over Past 90 Days

Ripple 4 Hour Price Update

Updated June 30, 2020 01:36 AM GMT (09:36 PM EST)

Ripple came into the current 4 hour candle up 0.06% ($0.0001) from the open of the last 4 hour candle, marking the 4th candle in a row it has gone up. On a relative basis, Ripple was the worst performer out of all 5 of the assets in the Top Cryptos asset class during the last 4 hour candle.

Ripple Daily Price Recap

Ripple closed the day prior up 0.23% ($0.0004); this denotes the 2nd day in a row an upward move has occurred. The price move occurred on stronger volume; specifically, yesterday’s volume was up 25.62% from the day prior, and up 2.75% from the same day the week before. On a relative basis, Ripple was the worst performer out of all 5 of the assets in the Top Cryptos asset class during the day prior. 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. For additional context, note that price has gone down 8 out of the past 14 days.

Overheard on Twitter

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

  • From XRPcryptowolf:

    Don’t ever let people make you think you failed with your #XRP investment because it’ll be worth the wait one dayAn investment with an 80% chance of success sounds far more attractive than one with a 20% chance of failure. The mind can’t easily recognize that they are the same

  • 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

  • From SupremeXRP:

    So I got my financial markets certificate and my boy who been hearing me talk about crypto sent me $500 to invest for him. He said “just buy it for me and you can show me how later but I wanna be in this revolution.” The power of a piece of paper 😂. He now has $XRP $VET $ICX 💪🏿

As for a news story related to Ripple getting some buzz:

Korean remittance service CROSS runs on Ripple; a boost for XRP real life use cases 

Now, another instant remittance firm, CROSS, has adopted Ripple technology….Ripple has an ideal system for remittance payments, which is one of its key features and this makes it more suitable for networks like CROSS….XRP is a core subject to Ripple, as the blockchain firm uses XRP service (xRapid) for the payment method….Ripple’s growth is always key for XRP’s success and its adoption.