fbpx
Price Analysis

Bitcoin Vs. Ripple: Bitcoin’s (BTC) Shadow Can be Seen on Ripple (XRP); Bullish Run is Likely to Happen Very Soon

  • The growth pattern of both Bitcoin & Ripple is similar for the last 24 hours.
  • Both the coins have a bullish medium-term outlook.

The whole crypto market is on a growth path after Bitcoin gained, particularly in the last few days. This growth has impacted the other coins significantly as well. Bitcoin’s growth can be easily compared to the growth pattern of Ripple (XRP). Here is an analysis of the growth pattern of Bitcoin and Ripple with respect to price movements in the last 24 hours. The medium-term outlook of both the coins is bullish. Let us look at the current details of the coin first.

Bitcoin – Ripple Price Statistics-

Bitcoin and Ripple

29th June 05:44 UTCBitcoin (BTC)Ripple (XRP)
Rank1st3rd
ROI (Return on Investment)8,508.75%6,901.13%
Coin Circulation17,786,925 BTC42,566,596,173 XRP
Market Cap207,119,786,077 USD17,492,426,813 USD
Value in USD11,529.60 USD0.4068 USD
All-Time High20,089 USD3.84 USD
24h Volume32,984,849,636 USD1,879,703,820 USD

Bitcoin – Ripple Price Comparison-

Both the coins have shown five major price variations each in the last 24 hours. Bitcoin faced its first fall between 01:20 UTC and 05:21 UTC and that is of 6.53% trading from 11508.70 UTC to 10762.71 UTC. A huge hike of 12.16% followed it in the next 6 hours and 36 minutes trading from 10762.71 UTC to 12077.07 UTC.

The same way, XRP faced its first fall of 3.39% between 00:57 UTC and 03:14 UTC. It was also followed by a hike of 4.74% in the next 5 hours 33 minutes where the coin traded at 0.4163 USD.

Both the coin then faced a steep fall. Bitcoin’s fall started at 11:57 UTC and lasted till 13:25 UTC, and it was of 4.36%, and Ripple fell by 2.62% in 4 hours 26 minutes starting from 08:48 UTC.

Bitcoin then got hiked by 7.39% between 13:25 UTC and 20:02 UTC only to fall by 8.23% in the next 8 hours and 3 minutes. The same way Ripple got its value hiked at 4.77% between 13:10 UTC and 23:55 UTC to fall again by 5.55% in the next 4 hours and 5 minutes.

Bitcoin – Ripple Price Prediction-

Both Bitcoin and Ripple have bullish medium-term outlook. Bitcoin is likely to be around 15,000 USD to 20,000 USD by the end of this year and Ripple is likely to be around 0.7 USD within this period. Both the coins may show many steep ups and downs.

Conclusion-

Both the coins are not at their best prices as of now. So, investors can make buying decisions now at this price to reap maximum profits on their current investments later.

Tags

Ruti Vora

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

Related Articles

Back to top button
Close