How to animate recyclerview on scroll like Google plus/Google newsstand?

I did it this way. Might help someone. I don’t know whether it’s the best way to do it but works fine for me.

UPDATE:
To fix fast scrolling behaviour, override onViewDetachedFromWindow method of the adapter and call clearAnimation on the animated view (in this case, holder.itemView.clearAnimation() ).Like this:

 @Override
public void onViewDetachedFromWindow(@NonNull ViewHolder holder) {
    super.onViewDetachedFromWindow(holder);
    holder.itemView.clearAnimation();
}

up_from_bottom.xml

<?xml version="1.0" encoding="utf-8"?>
<set xmlns:android="http://schemas.android.com/apk/res/android"
 android:shareInterpolator="@android:anim/decelerate_interpolator">
<translate
    android:fromXDelta="0%" android:toXDelta="0%"
    android:fromYDelta="100%" android:toYDelta="0%"
    android:duration="400" />
</set>

down_from_top.xml

<?xml version="1.0" encoding="utf-8"?>
<set xmlns:android="http://schemas.android.com/apk/res/android"
 android:shareInterpolator="@android:anim/decelerate_interpolator">
<translate
    android:fromXDelta="0%" android:toXDelta="0%"
    android:fromYDelta="-100%" android:toYDelta="0%"
    android:duration="400" />
</set>

And finally put this code in onBindViewHolder of recyclerView. Create a field called lastPosition and initialize it to -1.

Animation animation = AnimationUtils.loadAnimation(context,
            (position > lastPosition) ? R.anim.up_from_bottom
                    : R.anim.down_from_top);
    holder.itemView.startAnimation(animation);
    lastPosition = position;