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Ripple On Bearish Momentum: 0% Down In The Last 6 Hours

ViaNews Editorial Team

December 28, 2020

Ripple On Bearish Momentum: 0% Down In The Last 6 Hours

Ripple is currently on bearish momentum. At 10:09 EST on Monday, 28 December, Ripple is at $0.29 and down by 0% in the last 6 hours.

Ripple Range

Over the last six hours, Ripple's higher value was $0.30 and the lower value was $0.29.

Over the last twelve hours, Ripple's higher value was $0.30 and the lower value was $0.29.

About Ripple's daily highs and lows, it's 3.571% up from its trailing 24-hour low of $0.28 and 3.333% down from its trailing 24-hour high of $0.30.

About Ripple's yearly highs and lows, it's 151.955% up from its 52-week low and 62.24% down from its 52-week high.

Volatility

Ripple's last day and last week average volatility is a negative 4.13% and a positive 12.83%, respectively. Ripple's high and low amplitude percentage in the last week was 27.47%.

News about Bitcoin

Bitcoin surges to fresh record high and looks set to break the $25,000 level: 'merry bitmas'. According to Business Insider on Fri Dec 25, "Bitcoin's market cap could reach $1 trillion sometime in 2021, according to Garrick Hileman, head of research at Blockchain.com, if investors take its reserve currency status more seriously.", "However, Bitcoin investors - known for their unquenchable optimism - think this is just the start."

Bitcoin miners in nordic region get a boost from cheap power. According to Bloomberg Quint on Sun Dec 27, ""There is a very important strategic shift away from mining in China to mining in western countries like Sweden as Bitcoin investors become more public and want more stability and critical safety," said Salter at Genesis. ", ""We have seen a notable up-tick in investor appetite for Bitcoin mining opportunities in Norway," said Tyler Page, a business developer at Bitfury. "

Bitcoin faces regulatory scrutiny after record-breaking rally. According to Bloomberg Quint on Sun Dec 27, "But for Bitcoin, 2020 has been a marvelous time.", "Janet Yellen, who's been nominated to serve as Treasury secretary in Biden's administration, has in recent years cautioned investors over Bitcoin, saying it was a "highly speculative asset" and "not a stable store of value." A representative didn't immediately return a request seeking comment."

Bitcoin on longest winning run since 2019 after hitting record. According to Bloomberg Quint on Mon Dec 28, "Others question Bitcoin's validity as an investment and point to the digital currency's history of wild rallies followed by crashes.", "Ayyar said investors are shifting to Bitcoin and other digital coins in the wake of the XRP development."

In this story · Knowledge Files

ViaNews Editorial Team

Via News Editorial Team delivers comprehensive financial news coverage and market analysis from journalists around the world. Our team specializes in data journalism and in-depth reporting on stock markets, business developments, and economic trends.