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.
|Ripple (XRP)||Bitcoin (BTC)|
|42,501,950,124 XRP||17,773,075 BTC|
|Return on Investment (RoI)||7,673.21%|| |
XRP/BTC 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.
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.