Today, Bitcoin has struck another remarkable price surge and reached above $12,000. Echoing the same price move, leading cryptocurrencies such as Ethereum and XRP have also shown a price rise.
However, XRP price surge is currently witnessing turbulence as the currency is fighting with bears above $0.46 price mark. Since a couple of days, XRP price is struggling to maintain its price over $0.47.
On the other hand, ETH price has been growing steadily, as it has just crossed $330 price level while hitting its new 3-month high price at $335.96.
|Ripple (XRP)||Ethereum (ETH)|
|Market Capitalization||$20,309,576,707|| |
|42,566,596,173 XRP|| |
|Return on Investment (ROI)||8,022.88%|| |
XRP/ETH 1-Day Price Chart
Yesterday, XRP had its opening price at $0.4705 which then saw quite a bit of fluctuation. It kept hovering between $0.4736 to $0.4589 and closed the day with its price at 0.4682. Today, it has shown notable upward correction but is yet to see some stability above $0.47. Also, it has marked a 24-hour high price as high as $0.4808.
Meanwhile, ETH has marked a steady price rise over the last 24 hours. Ethereum was expected to see resistance near $320, which was well cleared after today’s sharp spike at its 3-month high price of $336.33, ETH has maintained its price above $325. In the last 24 hours, Ethereum has increased to 6.67%.
If XRP strikes above $0.47 and continues upward, it may see resistance at $0.4749 and $0.4816. It needs to stay above $0.45 to avoid any extended price drop. If it drops, it can see support levels at $0.4602 and $0.4522.
Moreover, ETH price is already bullish, and if it maintains the same uptrend it will see resistance at $332.12, while a price fall can take it to the support level at $304.14.