Price Analysis

XRP vs ETH: ETH Approaches New Highs; while XRP is Rallying Above $0.44

Ripple and Ethereum both are currently having a bullish price trend as they head to gain higher surges. XRP and ETH are surging high seemed to be backed by the recent Bitcoin Bull-Run. XRP, however, had a short-term bearishness yesterday and it has strongly rebounded from there reversing the loss in its trading price.

Ethereum, on the other hand, has shown a notable price growth today. It had its yesterday’s closing price at $271.70, and at present, ETH is as high as $288.05, showing an increase of 6.01%.

Current Statistics:

StatisticsRipple (XRP)Ethereum (ETH)
Price (USD)

12:11:27 UTC

$0.4435$288.05
Market Capitalization$18,883,992,350$30,984,068,489
24h Volume$1,521,546,046$8,603,799,358
Circulating Supply42,501,950,124 XRP106,580,673 ETH
Return on Investment (RoI)7,464.20%> 9000%

XRP/ETH 7-Hours Price Chart:

XRP-ETH Price Chart

 

The 7-hour chart of XRP and ETH exhibit how both the coins share the price momentum in the highlighted part of the chart. XRP maintains its range above $0.43 while ETH was ranging above $280. It is today when ETH has hit the price mark of $291.62 which is its 90 Day High price. Though after a gradual pullback, ETH is currently trading at $288.05. Also, XRP surged as high as $0.4494 from $0.4370 knocking a price rise of 2.31%.

Conclusion:

Both the crypto coins are currently indicating positive signs regarding their trading prices. If the bullish impact on XRP remains intact, it may see resistance at $0.4565. Its possible support levels can be at $0.4168 and $0.4233 if XRP price takes a fall.

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Ruti Vora

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

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