Ripple vs Bitcoin: XRP Hits its 30-Day High Price, while BTC Continues its Bull-run
The past weekend pushed bulls for the crypto market and the price surge in the leading crypto coins still exists. Notably, Bitcoin crossed major resistance levels and it went above 9300 USD. Being the most influential cryptocurrency, the price surge of BTC has put a strong impact over a majority of the cryptocurrencies.
Amidst that, XRP has been enjoying a remarkable price surge since last weekend. XRP, which was struggling to cross barriers at 0.40 USD, has crossed major resistance at 0.45 USD yesterday.
Ripple and Bitcoin Current Statistics:
|Ripple (XRP)||Bitcoin (BTC)|
|0.4496 USD||9168.59 USD|
|19,042,878,320 USD||163,108,107,053 USD|
|24h Volume||2,132,411,112 USD||
|42,501,950,124 XRP||17,765,237 BTC|
|Return on Investment (ROI)||7,527.84%||
XRP/BTC 1-Day Price Chart:
Yesterday, XRP price was initially ranging between 0.42 USD to 0.43 USD. Later, it saw a sharp price surge reaching to its 30-days high price point of 0.4632 USD with a 7.89% increase. However, it gradually pulled back and is currently trading at 0.4496 USD. In the last 24 hours, XRP has shown price rise of 3.69%.
Meanwhile, instead of a sharp spike, BTC had a gradual price surge tracing an impulse wave which reached as high as 9467.26 USD. Later, Bitcoin also faced a gradual pullback and over the last 24 hours, BTC has surged to 1.64%.
The price trends of both, BTC and XRP appears to be quite bullish. Ripple is likely to trace higher price spikes if it crosses 0.455 USD and $0.460 resistance levels. Though a price drop below 0.42 USD can take it to the support levels of 0.41 USD and 0.40 USD.
Meanwhile, Bitcoin believers are expecting the BTC price to cross the 10k USD mark. However, it seems a bit far as BTC might need to head towards the target price at a rapid pace.