Price Analysis

Ethereum Vs. Ripple: Ethereum (ETH) Surges 0.6% While Ripple (XRP) Dips 2.5% In Past 24 Hours

  • Ethereum’s sudden growth trends may be a better deal than XRP’s no trend
  • Ethereum’s and Ripple’s expansion plans may indicate bullish trend ahead

Both Ethereum and Ripple are among the top assets in the global crypto markets and have time & again proved their worth to the investors. Currently, ETH seems to be showing movements according to the market trends, while XRP continues to be more static with sudden changes once in a while. The market statistics portray a decent picture.

Ethereum-Ripple Price Statistics:

In the last day, ETH and XRP prices have shown marginal changes. While ETH was trading at $292.43 yesterday and now valued at $294.34 showing an uptrend of over 0.6%, XRP dipped down from $0.40 to currently trading at $0.39 as on July 4, 2019, at 11:07:47 UTC showing a downtrend of over 2.5%. ETH showed many moments of a surge in the past 24 hours and reached as high as $304 today but kept moving between $290 and $300 most of the times. On the other hand, XRP maintained a steady trend moving around $0.40 for most of the times.

ETH-XRP Price Chart - 4 July
ETH XRP Price Chart
Statistics Ethereum (ETH)Ripple (XRP)
Price  (USD)294.340.39
Price (BTC)0.025426510.00003418
Market Capitalization31,456,762,23816,865,036,161
24h volume9,011,977,0341,343,179,390
Circulating Supply106,757,477 ETH42,566,596,173 XRP
Return on Investment>9000%6,642.07%

The ROI of ETH continues to be >9000% while XRP’s ROI has dropped slightly since yesterday. There has been a noticeable drop in the market cap of both the currencies since yesterday.

Ethereum-Ripple Price Prediction:

ETH may rise as high as $400 by the end of this month while XRP may start trading at $0.42 by the next few months. XRP has been moving slowly in comparison to ETH in terms of the value of the coins, but Ripple is taking all possible steps to boost XRP adoption in newer markets almost every day and hence the coin continues to be a major threat to ETH in terms of technological backing and global acceptance.

Conclusion:

This is a good time to invest in XRP and ETH and save for the future.

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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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