Bitcoin Vs. Ripple: Both Bitcoin (BTC) & Ripple (XRP) Are On A Slippery Slope; Lost Significantly Overnight
- Bitcoin loses 6.5% whereas Ripple is down by 1.43% in the last 24 hours.
- Bitcoin has a higher chance of turning around its situation than XRP.
There has been a blood bath for Bitcoin and Ripple over the last 24 hours. And this time, Bitcoin seems in a worse position than Ripple. Bitcoin has lost almost 6.5% in this period whereas Ripple is down by 1.43%. Both the coins may have to go through this deluge for some more days before seeing the sunshine. Here are the current details of both the coins.
Bitcoin – Ripple Price Statistics-
| 14th August 06:41 UTC | Bitcoin (BTC) | Ripple (XRP) |
| Rank | 1st | 3rd |
| ROI (Return on Investment) | 7,751.38% | 4,912.29% |
| Coin Circulation | 17,875,437 BTC | 42,890,708,341 XRP |
| Market Cap | 189,997,442,166 USD | 12,690,085,684 USD |
| Value in USD | 10,570.00 USD | 0.2950 USD |
| All-Time High | 20,089 USD | 3.84 USD |
| 24h Volume | 18,175,415,614 USD | 864,688,820 USD |
Bitcoin – Ripple Price Comparison-
Bitcoin has significantly been devalued over the last 24 hours. Between 07:42 UTC and 14:33 UTC, it started weakening and went from 11,357 USD to 10,875 USD. The second swing came as another cut in the price when the coin went through a price correction between 16:05 UTC and 02:03 UTC of today. This swing deducted 435 USD from the coin. Since 02:00 UTC, the coin has shown an overall growth by a slight margin, and it is currently being traded near 10,572 USD.
Similarly, XRP opened the day with a cut in the value by 1.19%, which took the coin from 0.2987 USD to 0.2952 USD by 10:29 UTC. After a few hours of strengthening, it again showed a cut by 2%, and this time the coin was at its lowest of the day at 0.2920 USD. However, this was followed by a phase of the coin’s increased valuation against USD. By 00:16 UTC of today, the coin was being traded at 0.2976 USD. From there it is on an overall slump, and it is currently hovering at 0.2950 USD.
Bitcoin – Ripple Price Prediction-
Bitcoin might be in trouble now, but soon it is going to bring a turnaround. Bitcoin is expected to reach 15,000 USD by the end of this year. Visit here and check out future predictions for Bitcoin to gain full updates presented by crypto experts about the same.
However, Ripple’s outlook doesn’t seem to be as strong as Bitcoin. The details of the resistance and support levels of both the coins are as follows.
| Bitcoin (BTC) | Ripple (XRP) | |
| 1st Resistance | 11267.14333 USD | 0.300690667 USD |
| 2nd Resistance | 11638.45667 USD | 0.304742333 USD |
| 3rd Resistance | 11856.86333 USD | 0.308306667 USD |
| 1st Support | 10677.42333 USD | 0.293074667 USD |
| 2nd Support | 10459.01667 USD | 0.289510333 USD |
| 3rd Support | 10087.70333 USD | 0.285458667 USD |
