Cardano vs. Ripple Price Analysis: Cardano and Ripple Kick-off the Weekend on a High Note

  • Cardano records 8% surge from $0.057 to $0.062 within a day
  • Ripple keeps moving upwards with a 3% surge to trade at $0.32

Slow and steady wins the race is fitting aptly for both cryptocurrencies, ADA and XRP. The coins have maintained a steady upward surge since the beginning of the week and continuing to move up by a few percentages every day. The current market performance of the coins has brought in the interest of the traders also who seek daily gains from the coins, and it may improve further in the coming days.

Cardano vs. Ripple price chart - july 27

ADA-XRP Price Comparison:

Cardano has shown an uptrend of 8% rising from $0.057404 to its current value at $0.062155 as on July 27, 2019, at 10:14:20 UTC. The coin started today at $0.063855 and has declined slightly but may pick up the pace soon. In the same manner, Ripple coin has also recorded a growth of 3% rising from $0.3115 to $0.32046 within a day. The coin has been trading around the same value since the beginning of the day.

Current Statistics of Cardano and Ripple:

Statistics Cardano (ADA) Ripple (XRP)
Price (USD) 0.062 0.32
Price (BTC) 0.00000615 0.00003185
Market Capitalization 1,609,755,257 13,763,006,381
24h volume 57,105,573 1,086,500,753
Circulating Supply  25,927,070,538 ADA 42,832,704,971 XRP
Return on Investment 185.33% 5,348.48%

 
Both ADA and XRP have shown an increase in prices in the last one day. Apart from that, the market caps of the coins have also increased, followed by their ROIs. This may indicate better statistics in the near future.

ADA vs. XRP Price Prediction:

As per the current scenario, it seems that ADA may cross $0.07 in the next month while XRP may start trading at $0.35 for longer durations. The next few months will set the pace for the closing value of both coins, and it is anticipated that the performance of both ADA and XRP will be up to the mark. Hence, it can be concluded that Cardano may close the year trading between $0.25 and $0.5 while XRP may rise up to $0.7.

Conclusion:

This is the perfect time to plan long term investments for huge dividends from both ADA and XRP tokens.

Scott Cook

Scott Cook got into crypto world since 2010. He has worked as a news writer for three years in some of the foremost publications. He recently joined our team as a crypto news writer. He regularly contributes latest happenings of crypto industry. In addition to that, he is very good at technical analysis.

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