Ripple (XRP) Up $0.0009 in Last 4 Hours, Entered Today Up 0.39%; in an Uptrend Over Past 14 Days

Ripple 4 Hour Price Update

Updated June 04, 2020 11:20 PM GMT (07:20 PM EST)

0.2046 (USD) was the opening price of the four-hour candle for Ripple, resulting in the last 4 hour candle being one in which price moved up 0.44% ($0.0009) from the last 4 hour candle. Out of the 5 instruments in the Top Cryptos asset class, Ripple ended up ranking 4th for the four-hour candle in terms of price change relative to the last 4 hour candle.

Ripple Daily Price Recap

0.204 (USD) was the opening price of the day for Ripple, resulting in yesterday being one in which price moved up 0.39% ($0.0008) from yesterday. This move happened on lower volume, as yesterday’s volume was down 29.51% from the day before — and down 11.16% from the same day the week before. Those trading within the Top Cryptos asset class should know that Ripple was the worst performer in the class during yesterday. Let’s take a look at the daily price chart of Ripple.

Ripple Technical Analysis

Notably, Ripple is now close to its 20, 50, 100 and 200 day moving averages, which may act as price barrier for the asset. The clearest trend exists on the 14 day timeframe, which shows price moving up over that time. For another vantage point, consider that Ripple’s price has gone up 6 of the previous 10 trading 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 lordvendettaxrp:

    I don’t know about you but when $XRP will moon 🤑 I will invite the entire #xrpcommunity to my future mansion in Marrakech (I will pay the flight ticket) 😎 I want so much to see your faces and get to know you! You have become a virtual family 🙏🏻 God bless you all ❤️

  • From GodfatherXrp:

    How would you like the opportunity to get 50% of my next $XRP purchase? If XRP hits $0.25 I’ll be buying $400k worth and a lucky retweeter will get 50% of this.If you’d like to be in with a shot of getting 50% of this then all you need to do is retweet #xrp #xrpcommmunity

  • From amtvmedia:

    @Ripple closed door meeting with Brazil’s central bank is an example of mass adoption of $XRP remittance service for cross border payments. This has been a sleeper many have missed and could be adopted on a mass scale. At the end of the day, this could be the World Reserve.

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

President of the Central Bank of Brazil had a closed meeting with the CEO of Ripple – OBN

In it, in the late afternoon, there was a video conference meeting between the executive and directors of Ripple, a blockchain company that is also responsible for the XRP cryptocurrency….The Central Bank has been investing in innovation and the modernization of the national financial system and Ripple’s blockchain tools are focused on banking transactions.