- BTC and XRP are down by almost 1% each in the last 24 hours.
- Bitcoin is likely to run in the short-term, whereas Ripple’s turnaround may take more time.
Bitcoin (BTC) and Ripple (XRP) are the two of the top-ranked coins in the market, and none of them could manage to show any growth over the last 24 hours. While BTC is down by 0.31%, XRP has lost 0.68% in this period. Here we will analyze the price movement of both the coin in this 1 day. However, the medium-term outlook of the coins seems bullish.
Bitcoin – Ripple Price Statistics-
|13th August 06:27 UTC||Bitcoin (BTC)||Ripple (XRP)|
|ROI (Return on Investment)||8,303.36%||4,991.52%|
|Coin Circulation||17,873,600 BTC||42,890,708,341 XRP|
|Market Cap||203,117,027,970 USD||12,901,531,283 USD|
|Value in USD||11,362.07 USD||0.2983 USD|
|All-Time High||20,089 USD||3.84 USD|
|24h Volume||13,496,344,302 USD||745,894,777 USD|
BTC – XRP Price Comparison-
BTC started the day with a sluggish face and cut its value by 262 USD around 12:00 UTC. However, it was soon followed by a hike of 1.80%, and these two swings created a near-perfect inverted pyramidal growth pattern. Then a small dip in the value was noticed which took the coin to 11,351 USD.
Similarly, XRP had its first dip by 07:29 UTC with a decline of 0.0074 USD. It could, however, fuel for growth in the next few hours. But once the coin reached 0.3017 USD, it started dwindling. The third swing was also an unprecedented increase in the value against USD. This swing took the coin to 0.3011 USD.
The last variation of BTC was a decrease in the value by 0.84%, and this happened today between 01:03 UTC and 04:40 UTC. Similarly, Ripple lost 0.037 USD between 01:01 UTC and 05:05 UTC.
Bitcoin – Ripple Price Prediction-
Both the coins are predicted to have bullish run in the long-term. However, the recent future may not be very bullish for XRP specifically. Bitcoin has strong fundamentals that can help the coin to bring a bullish sprint. The details of resistance and support levels are listed below.
|Bitcoin (BTC)||Ripple (XRP)|
|1st Resistance||11500.22333 USD||0.303064667 USD|
|2nd Resistance||11617.82667 USD||0.305807333 USD|
|3rd Resistance||11707.46333 USD||0.308086667 USD|
|1st Support||11292.98333 USD||0.298042667 USD|
|2nd Support||11203.34667 USD||0.295763333 USD|
|3rd Support||11085.74333 USD||0.293020667 USD|