Ripple (XRP) Closes Prior Hour Down -1.95%; in a Downtrend Over Past 30 Days, Pin Bar Pattern Appearing on Chart

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The Hourly View for XRP Last Updated January 11, 2021, 03:017 GMT Currently, Ripple’s price is down $-0.01 (-1.95%) from the hour prior. Ripple has seen its price go down 5 out of the past 5 hours, thus creating some compelling opportunities for bears. As for the trend on the hourly timeframe, we see the clearest trend on the 20 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…

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