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Ripple On Bearish Momentum: 4.84% Down In The Last 6 Hours

Ripple On Bearish Momentum: 4.92% Down In The Last 6 Hours

Ripple is currently on bearish momentum. At 06:05 EST on Tuesday, 12 January, Ripple is at $0.29 and down by 4.84% in the last 6 hours.

Ripple Range

Over the last six hours, Ripple’s higher value was $0.31 and the lower value was $0.29.

Over the last twelve hours, Ripple’s higher value was $0.31 and the lower value was $0.28.

In relation to Ripple’s daily highs and lows, it’s 7.852% up from its trailing 24-hour low of $0.27 and 6.065% down from its trailing 24-hour high of $0.31.

About Ripple’s yearly highs and lows, it’s 152.997% up from its 52-week low and 62.083% down from its 52-week high.

Volatility

Ripple’s last day, last week, and last month’s average volatility was a negative 2.70%, a positive 5.51%, and a positive 0.08%, respectively.

Ripple’s last day, last week, and last month’s high and low average amplitude percentage was 24.98%, 21.08%, and 18.38%, respectively.

Last news about Ripple

According to Business Insider on Tuesday, 12 January, “It has partnered with over 2,500 premium media such as: Korea – MBC, SBS, Chosun Ilbo, Taiwan – ET Today, LTN, Now News, Indonesia – Liputan6, Tempo, Suara, Vietnam – Thanh Niên, Saostar, Bongda, Malaysia – Ripple Media, Nanyang, Malaysiakini.”, “It provides services to Korea, Japan, Taiwan, Indonesia, Vietnam and Malaysia through partnerships with over 2,500 global premium media including MBC, KBS, Ettoday, NOWnews, Liputan6, Suara, Thanhnien, Bongda, Ripple Media and Nanyang Siang Pau.”

News about Bitcoin

Billionaire investor chamath palihapitiya predicted Tesla stock will triple and Bitcoin will soar 5-fold in a recent interview. here are the 15 best quotes.. According to Business Insider on Saturday, 9 January, “Billionaire investor Chamath Palihapitiya predicted Tesla stock will double or triple and Bitcoin will soar five-fold during an interview on CNBC’s “Halftime Report” this week.”, “It’s probably going to $100,000, then $150,000, then $200,000.” – Palihapitiya didn’t specify a timeframe, saying it could take five or 10 years for Bitcoin to reach those prices.”

According to Business Insider on Saturday, 9 January, “MicroStrategy started a chain reaction when it bought $425 million worth of bitcoin in August and September, Jimmy Nguyen, president of the Bitcoin Association, told Insider. “

I won the race to Bitcoin 40k … and so can you. According to Business Insider on Saturday, 9 January, “The post I Won the Race to Bitcoin 40K … and So Can You appeared first on InvestorPlace.”

Darknet drug dealers have been accused of hiding a Bitcoin stash that’s now worth $16 million. they bought an old fishing boat and a squid permit to conceal their crime, say US attorneys.. According to Business Insider on Sunday, 10 January, “They added: “The Vendor began selling illegal prescription drugs on the Darknet in approximately 2014 using multiple marketplaces, including Dream, Silk Road, AlphaBay, and Wall Street Market, and from 2014 and thereafter made approximately $250,000 worth of Bitcoin each month from the illegal drug sales.”, “After the raid, authorities said they discovered that $600,000 in Bitcoin had been converted into cash, according to US attorneys.”

Two-day Bitcoin plunge shakes faith in cryptocurrency boom. According to Bloomberg Quint on Monday, 11 January, “The white-knuckle Bitcoin ride took another twist Monday as a two-day tumble in the digital currency stoked concern that the polarizing cryptocurrency boom may run out of steam.”, “Others worry that the rally is untethered from reason and fueled by vast swathes of fiscal and monetary stimulus, with Bitcoin unlikely to ever serve as a viable currency alternative.”

JPMorgan strategists say U.S. ETF could sap Bitcoin price. According to Bloomberg Quint on Monday, 11 January, “U.S. approval of a Bitcoin exchange-traded fund could weigh on the digital coin’s price in the short term, according to JPMorgan Chase & Co.”, “A cascade of GBTC outflows and a collapse of its premium would likely have negative near-term implications for Bitcoin given the flow and signaling importance of GBTC,” they said Friday.”

Bitcoin falls to a one-week low, as a stronger dollar and investor nerves strip off nearly $140 billion in total cryptocurrency market cap. According to Business Insider on Monday, 11 January, “The correlation between Bitcoin and the dollar index is at -0.95, meaning that the two are more likely to move inversely to one another than not. “, “The stronger dollar and higher bond yields has also sparked a plunge in Bitcoin and in gold prices this morning,” strategists at Rabobank said in a note.”

Cryptocurrency investors could ‘lose all their money’, UK regulator warns as Bitcoin price drops from all-time high. According to Business Insider on Monday, 11 January, “The FCA also stressed that cryptocurrencies such as Bitcoin are largely unregulated. “, “Consumers who invest in cryptocurrencies could well “lose all their money”, the UK’s financial regulator has warned, as the volatile Bitcoin price slides back from an all-time high of almost $42,000.”

Bitcoin and Tesla have gotten the fed’s attention. According to Bloomberg Quint on Monday, 11 January, “The S&P 500 Index wobbled on Monday as yields climbed past 1.13% but remained relativelyresilient considering the sharp drop in Bitcoin and Tesla. “, “But on the way to reaching those goals, there’sa level of rampant speculation in asset prices that even the Fed will seek to stymie, whether in Bitcoin or Tesla, the ARK Innovation exchange-traded fundor special-purpose acquisition companies. “

On technical charts, Bitcoin really is an asset like no other. According to Bloomberg Quint on Monday, 11 January, “Chris Zaccarelli, chief investment officer at Independent Advisor Alliance, says there are good reasons for believing in Bitcoin but, to him, it’s a question of whether or not it constitutes a good place to allocate capital. “, “It “blows the doors off prior bubbles,” the strategists wrote in a Friday note, asking whether Bitcoin is “the Mother-of-all-bubbles.”

Bitcoin snaps slide while leaving everyone in dark on true worth. According to Bloomberg Quint on Tuesday, 12 January, “If the dollar powers through that level then we may have seen a Bitcoin top at $40,000,” he said.”, “The digital coin rose as much as 8% to about $36,600, but the move higher pales compared to the gyrations that took Bitcoin to an all-time high of nearly $42,000 on Jan. 8 before a precipitous slump over Sunday and Monday.”


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