Bitcoin and Ripple were in worse shape than they were a few days back. Both the coins have lost a significant amount of value in the last few days. However, these coins are likely to bounce back by the end of this quarter and reach 15,000 USD & 0.9 USD by the end of this year. Before analyzing the price trends, here are the details of the two coins.
Current Statistics of Bitcoin & Ripple-
|30th July 07:00 UTC||Bitcoin (BTC)||Ripple (XRP)|
|ROI (Return on Investment)||6,925.08%||5,184.19%|
|Coin Circulation||17,846,662 BTC||42,872,646,068 XRP|
|Market Cap||169,621,426,365 USD||13,307,543,254 USD|
|Value in USD||9493.48 USD||0.3107 USD|
|All-Time High||20,089 USD||3.84 USD|
|24h Volume||13,638,671,016 USD||785,856,052 USD|
Bitcoin – Ripple Price Comparison-
Bitcoin was at its peak at 01:47 UTC when it was near 9702 USD. Soon the coin faced a downfall of 2.81% and lost 272 USD within almost 8 hours. Soon the coin got a push which made the coin to gain 169 USD in the next 6 and a half hours by 1.80% change in the price. Similarly, Ripple had its first fall between 01:36 UTC and 09:40 UTC when the coin faced a loss of 2.19%. It was soon compensated by a hike of over 1%, adding 0.0034 USD to each Ripple coin.
The third variation for Bitcoin came as a dip in the value against USD. Over 1 hour and 42 minutes, the coin lost 181 USD. The latest variation was also a dip in the price. This fall of 1.51% deducted 143 USD from the coin by 03:08 UTC of today. Ripple was devalued by 1.42% over 11 hours from 16:03 UTC and lost 0.0044 USD. The final swing came in terms of a small yet decisive sign of strength which hiked the value by 1.24%.
Bitcoin – Ripple Price Prediction-
Both the coins are being crushed under market pressure now. But looking at the past trend, it can be said these coins have the potential to fight back and recover. By the end of 2019, Bitcoin and Ripple are likely to be traded around 15,000 USD and 0.9 USD. The details of the resistance and support levels are as follows.
|Bitcoin (BTC)||Ripple (XRP)|
|1st Resistance||9668.173333 USD||0.315338 USD|
|2nd Resistance||9783.486667 USD||0.318388 USD|
|3rd Resistance||9991.423333 USD||0.324002 USD|
|1st Support||9344.923333 USD||0.306674 USD|
|2nd Support||9136.986667 USD||0.30106 USD|
|3rd Support||9021.673333 USD||0.29801 USD|
There is a growing consensus about gloomy days ahead of these two coins. But the existing holders may get high yields if they aim at long-term holding.