Price Analysis

Bitcoin Vs. Ripple: Ripple (XRP) Replicates Bitcoin’s (BTC) Volatility; Eyes On Support Level

  • Bitcoin and Ripple share a similar range of fall in the last 24 hours.
  • The target for Bitcoin remains at 15,000 USD, and Ripple may touch 0.9 USD by year’s end.

The last has seen an enormous decline in the whole cryptocurrency sector. This fall was seen in the movement cycle of both Bitcoin and Ripple. This is aimed at short-term traders considering investment into these two popular coins. However, both these coins have a bullish outlook, and the medium-term target for Bitcoin and Ripple is respectively 15,000 USD and 0.9 USD. Let us look at the current details of these coins now.

Bitcoin – Ripple Price Statistics-

Bitcoin - Ripple

17th July 06:33 UTCBitcoin (BTC)Ripple (XRP)
Rank1st3rd
ROI (Return on Investment)6,980.68%4,966.09%
Coin Circulation17,822,312 BTC42,566,596,173 XRP
Market Cap170,296,744,560 USD12,683,208,915 USD
Value in USD9,542.07 USD0.2980 USD
All-Time High20,089 USD3.84 USD
24h Volume24,738,135,791 USD1,645,495,706 USD

Bitcoin – Ripple Price Comparison-

Bitcoin faced its first variation in terms of a fall between 01:13 UTC and 07:28 UTC. This fall of 4.44% cost the coin 488 USD. After a while of strengthening, the coin again faced a setback by falling 12.39%, which cost the coin 1345 USD. Similarly, Ripple faced its first fall between 00:54 UTC and 07:31 UTC of 3.69% and it cost the coin 0.0118 USD. The second variation came in terms of another fall between 11:37 UTC and 17:06 UTC. This fall of 9.12% cost the coin 0.0286 USD.

The third variation of Bitcoin, as well as Ripple, was a hike. Bitcoin got hiked by 2.74%, and Ripple got a hike of 8.77%. Bitcoin added 260 USD between 17:04 UTC and 20:44 UTC. Ripple could add 0.0250 USD between 17:06 UTC and 19:56 UTC. The last variation for Ripple was a fall of 5.09% that happened between 19:56 UTC and 02:11 UTC. This fall cost the coin 0.0158 USD. Similarly, Bitcoin’s last variation was a fall of 510 USD that happened between 20:44 UTC and 02:46 UTC.

Bitcoin – Ripple Price Prediction-

Both Bitcoin and Ripple have bullish market outlook until 2019. Bitcoin is likely to touch 15,000 USD by the end of 2019, whereas Ripple is expected to breach 0.9 USD. These are the resistance and support figures of both the coins.

 Bitcoin (BTC)Ripple (XRP)
1st Resistance10500.14 USD0.3142 USD
2nd Resistance11522.64 USD0.3317 USD
3rd Resistance12048.66 USD0.3431 USD
1st Support8951.62 USD0.2852 USD
2nd Support8425.60 USD0.2738 USD
3rd Support7403.10 USD0.2563 USD

Conclusion-

Both the coins are losing value in the current times, but today’s closing may see some positive vibes. But in the long-term, both the coins will shoot up their respective values.

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Trevor Holman

Trevor Holman follows crypto industry since 2011. He joined CryptoNewsZ as a news writer and he provides technical analysis pieces and current market data. He is also an avid trader. In his free time, he loves to explore unexplored places.
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