Ripple On Bearish Momentum: 8.76% Down In The Last 6 Hours

Fibo Quantum

Ripple is currently on bearish momentum. At 00:03 EST on Sunday, 31 January, Ripple is at $0.40 and down by 8.76% in the last 6 hours.

Ripple Range

Over the last six hours, Ripple’s higher value was $0.44 and the lower value was $0.40.

Over the last twelve hours, Ripple’s higher value was $0.44 and the lower value was $0.38.

Regarding Ripple’s daily highs and lows, it’s 38.931% up from its trailing 24-hour low of $0.29 and 8.432% down from its trailing 24-hour high of $0.44.

Concerning Ripple’s yearly highs and lows, it’s 250.043% up from its 52-week low and 47.539% down from its 52-week high.

Volatility

Ripple’s last day, last week, and last month’s average volatility was 55.99%, 8.57%, and 2.76%, respectively.

Ripple’s last day, last week, and last month’s high and low average amplitude percentage was 74.87%, 17.18%, and 14.78%, respectively.

News about Bitcoin

Microstrategy bond buyers rewarded with ‘win-tie’ Bitcoin play. According to Bloomberg Quint on Thursday, 28 January, “The founder had become a big bull on Bitcoin and invested its very large cash pile in it,” he said. “, “Even if Bitcoin goes down 30% to 40%, the company still has enough to pay this bond off easily.”

Ray dalio calls Bitcoin ‘one hell of an invention,’ considers it for new funds. According to Bloomberg Quint on Thursday, 28 January, “While Bitcoin has the potential to make investors “very rich” as well as “disrupt the existing monetary system,” there are risks. “, “Dalio said he thinks of Bitcoin as a “long-duration option on a highly unknown future” and investing in it means recognizing the potential to lose about 80%.”

Bitcoin investors May lose everything, central banker warns. According to Bloomberg Quint on Friday, 29 January, “On Friday, Bitcoin rallied above $35,000, with brokers attributing the move to Elon Musk mentioning the cryptocurrency in his bio page on Twitter.”, “Still, Makhlouf doesn’t see “financial stability issues at the moment arising from Bitcoin itself.”

Bitcoin has leapt 17% after billionaire Elon Musk changes his twitter bio to ‘#Bitcoin’. According to Business Insider on Friday, 29 January, “Clearly the move is being cheered by the Bitcoin bulls,” he said, and called the market’s feverish trading around hot securities like Bitcoin and GameStop “risky.”

Evolve files preliminary prospectus for Bitcoin ETF. According to Business Insider on Friday, 29 January, “TORONTO, Jan. 29, 2021 /CNW/ – EvolveFunds Group Inc.(“Evolve”)is pleased to announce that it has filed a preliminary prospectus with the Canadian securities regulators for the Bitcoin ETF (“EBIT” or “the Fund”). “, “The Fund’s holdings will be priced based on the CME CF Bitcoin Reference Rate, a once-a-day benchmark index price for bitcoin denominated in U.S. dollars.”

What Bitcoin teaches us about risky investing. According to Bloomberg Quint on Saturday, 30 January, “Bloomberg Wealth has also written a couple of “how to” guides on Bitcoin investing.”, “With Bitcoin you generally stand, at worst, to only lose your initial stake -unless, of course, you’ve borrowed to trade in the cryptocurrency too.”

Bitcoin could be like the faang stocks for the next decade – but it will take more than the buy-in of the retail army to get it there, an investment chief says. According to Business Insider on Saturday, 30 January, “The “SkyBridge Bitcoin Fund” was launched so that the fund got in before bitcoin’s price soars even higher.”, “I imagine the risk for Bitcoin is one that none of us are going to identify.”