Bitcoin Vs. Ripple: Bitcoin (BTC) Goes Through A Price Correction; Ripple (XRP) Is Yet To Start The Sprint

  • Bitcoin is down by 3.5% whereas Ripple has lost 2.2% over the last 24 hours.
  • There has been a great degree of change in the market cap of both the coins as well.

After touching one resistance at 11,700 USD, BTC is down by almost 3.5% in the last 24 hours. On the other hand, XRP is yet to start its growth journey and lagging way behind BTC. In the last 1 day, XRP also lost 2.2%. However, experts’ prediction hints at a bullish run by both the coins.

Bitcoin – Ripple Price Statistics-

BTC-XRP Price Prediction
BTC-XRP Price Chart
7th August 07:13 UTC Bitcoin (BTC) Ripple (XRP)
Rank 1st 3rd
ROI (Return on Investment) 8,478.14% 5,250.14%
Coin Circulation 17,862,587 BTC 42,872,646,068 XRP
Market Cap 207,325,592,135 USD 13,500,634,159 USD
Value in USD 11,589.26 USD 0.3141 USD
All-Time High 20,089 USD 3.84 USD
24h Volume 21,987,757,785 USD 1,009,020,368 USD

Bitcoin – Ripple Price Comparison-

Yesterday, Bitcoin started the day at a value of around 11,500 USD and by 07:04 UTC, it was trading at 12,275.73 USD. This 6.07% growth was followed by a dip in the value by 5.65% and it cost the coin 693 USD. The zenith point for BTC was 12,275 USD. The third variation took the coin further down by 5% and it was being traded near 11,200 USD by 22:47 UTC. This accounts for the lowest point of the coin.

Similarly, XRP also started the day with a hike of 2.31% by 10:11 UTC and reached the highest of the day at 0.3246 USD. Further, it took a dip of 0.0104 USD and reached 0.3142 USD. There was another fall of 2.47% between 13:57 UTC and 21:30 UTC and this took the coin from 0.3159 USD to 0.3081 USD. 0.3081 USD is the lowest price mark of the coin.

The last swing of Bitcoin came as the growth of 4.29% and it took the coin to a moderate level of 11,699 USD. And XRP also jumped by 2.58% and today at 06:20 UTC it was being traded at 0.3159 USD.

Bitcoin – Ripple Price Prediction-

Looking at Bitcoin’s last few days’ growths, it can easily be said that the coin has massive potential and it may trade around 15,000 USD to 20,000 USD by this year’s end. To know more about future price changes of BTC coin, Visit here future predictions for Bitcoin.

However, XRP is getting a little late for the growth train. Ripple’s target for 2019’s end is set at 0.7 USD.

The calculated resistance levels and support levels of both the coins are as follows:

Bitcoin (BTC) Ripple (XRP)
1st Resistance 12071.08333 USD 0.321216333 USD
2nd Resistance 12663.99667 USD 0.331106667 USD
3rd Resistance 13054.17333 USD 0.337267333 USD
1st Support 11087.99333 USD 0.305165333 USD
2nd Support 10697.81667 USD 0.299004667 USD
3rd Support 10104.90333 USD 0.289114333 USD

 

Ruti Vora

Ruti regularly contributes in-depth news articles for leading cryptocurrencies. She contributes technical chart-based price updates and analysis pieces on the world's leading digital currencies.

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