Bitcoin Vs. Ripple: Bitcoin (BTC) Seems Bleak; Ripple (XRP) Has Chances of Sudden Push

  • Bitcoin and Ripple have shown four price swings each in the last 5 days.
  • Both the coin will have bullish run in the near future.

Bitcoin, the king of all the coins in the market, has shown its mettle in the last few months’ progress. However, its impact can be seen on almost all other alternative coins. The medium-term of both the coin seems bullish. Let us look at the current details of the coins now.

Bitcoin – Ripple Price Statistics-

15th July 04:04 UTC Bitcoin (BTC) Ripple (XRP)
Rank 1st 3rd
ROI (Return on Investment) 7,484.59% 5,218.56%
Coin Circulation 17,818,262 BTC 42,566,596,173 XRP
Market Cap 182,752,776,113 USD 13,315,375,591 USD
Value in USD 10,202.82USD 0.3114 USD
All-Time High 20,089 USD 3.84 USD
24h Volume 25,924,001,728 USD 1,688,081,941 USD

Bitcoin vs. Ripple Price Comparison-

Bitcoin faced its first fall between 13:25 UTC of 10th July and 04:20 UTC of 11th July and lost 13.95%. It was followed by a stint of growth between 04:00 UTC of 12th July and 21:05 UTC of 12th July. It helped the coin to gain 749 USD or 6.73%. It was followed by another fall. This happened between 21:05 UTC on 12th July and 20:55 UTC on 13th July. Over these 23 hours and 50 minutes, the coin lost 8.74% or 1037 USD.

Similarly, Ripple faced its first fall between 11:30 UTC of 10th July and 04:20 UTC of 11th July. This fall cost the coin 18.47% or 0.0729 USD. It was followed by a hike of 9.80% between 20:30 UTC of 11th July and 09:55 UTC of 12th July. A huge fall was noticed over the next 2 days. This fall cost Ripple a whopping 14% or 0.048 USD.

The final variation for Bitcoin was a fall of 12.90% or 1473.64 USD. It happened between 14th July and 15th July. And on the other hand, Ripple had its final swing in terms of a short stint of growth. Ripple added 0.016 USD or 5.34% over 11 hours and 35 minutes.

Bitcoin vs. Ripple Price Prediction-

The medium-term outlook of both Bitcoin and Ripple is bullish. Bitcoin may go as high as 15,000 USD by the end of 2019, and Ripple is likely to be around 0.9 USD by this period. Here are the resistance points and support levels of both the coins.

Bitcoin - Ripple Price Prediction
Bitcoin – Ripple Price Chart
Bitcoin (BTC) Ripple (XRP)
1st Resistance 11059.98 USD 0.325751333 USD
2nd Resistance 11863.9 USD 0.345076667 USD
3rd Resistance 12276.6 USD 0.355289333 USD
1st Support 9843.36 USD 0.296213333 USD
2nd Support 9430.66 USD 0.286000667 USD
3rd Support 8626.74 USD 0.266675333 USD

Conclusion-

Both the coins will have bullish run in the near future. Bitcoin might have lost some value in the last few days, but Ripple’s fundamental seems stronger. Holding for the long-term is the key to high returns.

Mehak Punjabi

Mehak Punjabi is a post graduate in MBA with specialization in Finance and has joined CryptonewsZ with a skill building view in the world of cryptocurrency and blockchain. She is dynamic and a quick learner with a hold on financial analysis.

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