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Price Analysis

Ethereum Vs. Ripple: Ethereum (ETH) Trades Above $300 And Ripple (XRP) Above $0.45 For Longer Durations

  • ETH’s price surge follows appreciation and wishes from the enthusiasts
  • Ripple explores options in payment ecosystem with market leaders

Ethereum has been trading above $300 since the past 3 days, and the currency has been attracting wishes of followers from all over the world. The happy crypto holders now seek more surges from ETH token.

On the other hand, Ripple leaders have been participating in global conferences focusing on the changing payment ecosystem and inclusion of blockchain to start a new revolution, and this has impacted XRP prices largely. Both coins, ETH and XRP, have performed tremendously in the last few days and continuing with growth trends.

Ethereum – Ripple Price Statistics:

Since the beginning of June, both ETH and XRP have traversed a considerable distance to reach their current values of $304.65 and $0.45 respectively as on June 24, 2019, at 10:51:48 UTC. While ETH has shown an uptrend of 14% rising from $265.39 to this value, XRP has grown just half, which is 7% from $0.42 to its current value. There came the point when the coins reached their highest points also in the month at $318.57 for ETH and $0.50 for XRP.

ETH XRP Price Chart
ETH XRP Price Chart
Statistics Ethereum (ETH)Ripple (XRP)
Price  (USD)304.650.45
Price (BTC)0.028517860.00004290
Market Capitalization32,535,229,52519,509,925,589
24h volume8,158,721,8352,113,469,508
Circulating Supply106,620,897 ETH42,501,950,124 XRP
Return on Investment>9000%7,798.91%

ETH is placed at the 2nd position in the global ranking followed by Ripple placed at the 3rd position, but there is a difference of over $13 Bn in the market cap of both coins with ETH’s at $32 Bn and XRP’s at $19 Bn. The 24 h volume of both XRP and ETH is also separated by a considerable number as well as the circulating supply. While the ROI of ETH has already crossed >9000%, XRP is still hanging at 7,798.91%.

Ethereum – Ripple Price Prediction:

ETH and XRP will continue to rally in this week as well and close the month on a high note. While ETH may trade between $320 and $330, XRP will cross $0.45 to trade within $0.50. By the end of the year, ETH may reach as high as $500, and XRP may cross $0.90 mark.

Conclusion:

This is the perfect time to invest in coins like XRP and ETH as the returns are high and the coins can be held for a longer duration without any concerns of sustenance.

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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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