Image credit: source

  • Bitcoin has grown by a good margin in the last 24 hours, whereas Ripple is down by 0.26%.
  • By the end of 2019, Bitcoin and Ripple may trade around 15,000 USD to 20,000 USD and 0.7 USD respectively.

Bitcoin and Ripple are two of the most tracked coin of the current times. Bitcoin (BTC) has managed to fetch a good growth over the last day and on the other hand Ripple is down by 0.26% in the same time frame. The medium-term outlook of both the coins is bullish. Let us find out the current details of the coin now.

Bitcoin – Ripple Price Statistics-

BTC vs XRP Price Comparison- August 01
BTCXRP Chart by TradingView
1st August 05:31 UTC Bitcoin (BTC) Ripple (XRP)
Rank 1st 3rd
ROI (Return on Investment) 7,294.82% 5,311.52%
Coin Circulation 17,850,450 BTC 42,872,646,068 XRP
Market Cap 178,596,806,547 USD 13,631,367,007 USD
Value in USD 9976.33 USD 0.3161 USD
All-Time High 20,089 USD 3.84 USD
24h Volume 16,705,343,797 USD 978,965,774 USD

BTC vs XRP Price Comparison-

Bitcoin started the day with high growth of 4.98% and this added 477 USD to the value of each coin. This hike happened over 14 hours from 00:04 UTC. It was followed by another two rises. The second variation happened over almost 4 hours from 16:53 UTC and this hike of 1.07% could add 106 USD to the coin. The third and fourth variations made a growth pyramid. The coin first jumped by 1.44% only to fall again by 1.7%. This pyramid growth happened between 22:38 UTC and 04:33 UTC.

On the other hand, Ripple coin started the day with a small dip in the price by 1.07%. It was, however, followed by a growth of 1.87% between 03:33 UTC and 12:30 UTC. This hike also concludes with a pyramidal fall of 2.4% over the next 7 hours from 12:30 UTC. The latest swing happened between 19:39 UTC and 23:59 UTC and this dip of 1.40% cost the coin 0.0044 USD.

BTC – XRP Price Prediction-

Both the coins have huge potential to perform in the market. This year’s end may find the value of Bitcoin and Ripple near 15,000 USD to 20,000 USD and 0.7 USD respectively.

  Bitcoin (BTC) Ripple (XRP)
1st Resistance 10248.14 USD 0.323168USD
2nd Resistance 10410.65USD 0.325427USD
3rd Resistance 10735.67USD 0.328389USD
1st Support 9760.61USD 0.317947USD
2nd Support 9435.59USD 0.314985USD
3rd Support 9273.08USD 0.312726USD
Conclusion-

Bitcoin, being the top coin of the market has a high caliber to perform. Ripple, on the other hand, shows stable growth. Investors can use Ripple as a hedge against Bitcoin’s price volatility.

(Excerpt) Read more Here | 2019-08-01 05:31:00

LEAVE A REPLY

Please enter your comment!
Please enter your name here