Bitcoin Vs. Ripple: BTC Touched Its First Resistance, But Ripple’s Future Is Still At Stake

  • Bitcoin has gained overnight whereas Ripple is yet to start the ignition.
  • The target for 2019 remains unchanged for both the coins.

Bitcoin has successfully reached its first resistance point at 11,800 USD. Over the last 24 hours, the coin has gained almost 2%. On the other hand, XRP is yet to show any improvement in its price against USD. However, experts predict that both the coins may have a bullish turnaround in the future.

Bitcoin – Ripple Price Statistics-

BTC-XRP Price Prediction
BTC-XRP Price Chart
8th August 07:50 UTC Bitcoin (BTC) Ripple (XRP)
Rank 1st 3rd
ROI (Return on Investment) 8,642.07% 5,167.95%
Coin Circulation 17,864,400 BTC 42,872,646,068 XRP
Market Cap 211,603,581,981 USD 13,265,631,176 USD
Value in USD 11,849.97 USD 0.3079 USD
All-Time High 20,089 USD 3.84 USD
24h Volume 22,049,888,150 USD 990,598,175 USD

Bitcoin – Ripple Price Comparison-

Yesterday, Bitcoin traded with a hike of 2.73%, which took the coin from 11,393 USD to 11,703 USD. After a few hours of volatility, the coin again faced a huge hike of 5.73%, and it brought the price level to the highest of the day at 12,112 USD. But this growth could be there for two hours only as from 15:02 UTC; BTC again started depleting and reached 11,517 USD by 16:44 UTC. The last swing, however, was little ominous for the coin which made the investors rich by 4.66% and placed the coin at 12,049 USD by 21:50 UTC.

On the other hand, XRP’s first swing came as a surprise when it fell by 2.17% and reached 0.3089 USD. It was soon followed by a price improvement of 0.0046 USD over the next 4 hours from 09:38 UTC. Again this price went through a correction phase and lost 1.91% by 16:43 UTC. The latest swing was a meagre improvement in the value, and it could place the coin at 0.3130 USD by 22:10 UTC.

Post the closing of yesterday, Bitcoin has been on a gradual fall, and it is now hovering around 11,900 USD. Similarly, Ripple adopted a little steeper change, and now it is roaming around 0.30 USD.

Bitcoin – Ripple Price Prediction-

Bitcoin is already there on a growth path, and it may trade around 15,000 USD to 20,000 USD by the end of this year. But there has been apprehension about Ripple’s late start. However, experts’ prediction hints at 0.7 USD before 2020.

Bitcoin (BTC) Ripple (XRP)
1st Resistance 12174.74 USD 0.315454667 USD
2nd Resistance 12407.51 USD 0.318940333 USD
3rd Resistance 12778.03 USD 0.322307667 USD
1st Support 11571.45 USD 0.308601667 USD
2nd Support 11200.93 USD 0.305234333 USD
3rd Support 10968.16 USD 0.301748667 USD

So, both the coins are ought to be profitable in the long-term.

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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