Price Analysis

Bitcoin Vs. Ripple: Both Bitcoin (BTC) & Ripple (XRP) Strengthen In The Last 24 Hours

  • Both Bitcoin and Ripple have gained over the last 24 hours.
  • The coins may soon hit the market with a price rally.

Bitcoin and Ripple, as two of the most important coins of the market, have managed to show some positive growth over the last 24 hours. While Bitcoin is 0.31% up from Sunday’s value, XRP has grown by 1.04% over these 24 hours. Both the coins will have a bullish turnaround and may bring about price rally by the end of August. Let us look at the current details of the coins.

Bitcoin – Ripple Price Statistics-

12th August 05:59 UTCBitcoin (BTC)Ripple (XRP)
Rank1st3rd
ROI (Return on Investment)8,337.42%5,038.00%
Coin Circulation17,871,787 BTC42,872,646,068 XRP
Market Cap204,231,998,940 USD12,946,768,291 USD
Value in USD11,372.47 USD0.3010 USD
All-Time High20,089 USD3.84 USD
24h Volume15,108,511,201 USD839,756,758 USD

Bitcoin – Ripple Price Comparison-

BTC - XRP Price Prediction
BTC – XRP Price Chart

Over the last 24 hours, Bitcoin did not change much against USD. It started the day at a price around 11,420 USD and by09:17 UTC, it was down to 11,143 USD. This fall of 2.43% was accompanied by a small hike of 2.88% that lifted the coin to 11,464 USD. After a few hours of near to stable growth, it again showed a revaluation and added 223 USD to each coin. It reached the highest point of the day at 11,558 USD by 21:39 UTC. Near to the closing, the coin started dwindling, and it fell to 11,362 USD by 05:38 UTC of today.

Similarly, XRP also started the day with a decrease in value. It went to 0.2953 USD from 0.3015 USD in 8 hours and 43 minutes from 00:31 UTC. It was followed by a hike of 3.52%, which took the coin to 0.3057 USD. However, soon after that, the coin fell by 1.59% and reached 0.3009 USD by 22:20 UTC and this makes the lowest point of Ripple for the day. A few hours of growth followed after that. And the final variation happened today between 00:51 UTC and 05:51 UTC and the coin is now down to 0.3014.

Bitcoin – Ripple Price Prediction-

Both the coins have faced immense downfall over the last few days. But the last 24 hours have been really motivating. Both the coins have bullish medium-term, and they may deliver huge to the investors who stick to them for a while. The details of resistance points and support levels are given below.

Bitcoin (BTC)Ripple (XRP)
1st Resistance11615.34333 USD0.306427USD
2nd Resistance11707.10667 USD0.310939USD
3rd Resistance11890.63333 USD0.315697USD
1st Support11340.05333 USD0.297157USD
2nd Support11156.52667 USD0.292399USD
3rd Support11064.76333 USD0.287887USD

 

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David Cox

David is a finance graduate and crypto enthusiast. He projects his expertise in subjects like crypto and Blockchain while writing for CryptoNewsZ. Being from Finance background, he efficiently writes Price Analysis. Apart from writing, he actively nurtures hobbies like sports and movies.

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