Ripple vs Bitcoin: BTC Shoots Up Above $10,000; XRP Surges Over $0.45

This content has been archived. It may no longer be relevant.

Bitcoin has smashed its 15-month high record and has topped the $10,000 price mark. BTC crossing the remarkable price seems to have impacted the crypto market to quite a level.

Presumably, due to this, XRP has shown a notable price increase over a day. Yesterday, the coin which was making efforts to cross $0.43 is today heading towards $0.46.

Current Statistics:

Statistics

Ripple (XRP) Bitcoin (BTC)

Price (USD)

12:11:27 UTC

$0.4572

$10765.17

Market Capitalization

$19,405,799,947

$191,690,879,311

24h Volume

$2,019,664,678

$25,198,070,654

Circulating Supply

42,501,950,124 XRP 17,773,075 BTC
Return on Investment (RoI) 7,673.21%

7,871.52%

XRP/BTC Price Chart:

Ripple/Bitcoin Price Chart

Ripple and Bitcoin Price Comparison:

Yesterday, BTC was initially trading within a price range of $9,525.07 to $9940, though, after striking a price surge, BTC ended the day with its closing price at $10,144.56. The leading cryptocurrency has continued the bullish trend today, and it has knocked its 15-month high price at $10,884.57.

Meanwhile, yesterday XRP traded between $0.43 to $0.44, which then surged over $0.45 today, presumably due to BTC’s record-breaking surge over $10000. Today, XRP has touched its 7-day high price at $0.461 after Bitcoin achieved its 15-month high price point. Both the eminent crypto coins have traced a bullish trend line within almost the same time frame.

Conclusion:

Advertisement

This is the second time when the BTC price rally has triggered XRP price to surge above major resistance prices. If XRP’s bullishness long lasts, it may see resistance at $0.4666. Though a fall in its price may take it to the support levels of $0.433, $0.4229 and $0.4162. Also, if Bitcoin’s massive price surge continues, it will face resistance at $10,970.55, it may see support price at $9,731.57 and $9,318.57 if the price tumbles.

Ruti Vora

Ruti regularly contributes in-depth news articles for leading cryptocurrencies. She contributes technical chart-based price updates and analysis pieces on the world's leading digital currencies.

Related Articles

Back to top button