Bitcoin Vs. Ripple: Both BTC & XRP Took the Ladder; Turnaround Seems Achievable

Fibo Quantum

  • BTC and XRP have added slightly over the last 1 day.
  • Both the coins have high yielding expectations before the year’s end.

Both Bitcoin and Ripple are on the right track and in the last 24 hours, they have gained a small yet much-needed margin. The volatility of the past few days could not halt the anticipation of both the coins catching a price rally. Here is a piece of analysis of the price movement of both the coins.

Bitcoin – Ripple Price Statistics-

BTC-XRP Price Prediction
BTC-XRP Price Chart
31st July 07:47 UTC Bitcoin (BTC) Ripple (XRP)
Rank 1st 3rd
ROI (Return on Investment) 7,124.03% 5,344.80%
Coin Circulation 17,848,425 BTC 42,872,646,068 XRP
Market Cap 174,247,801,723 USD 13,694,416,304 USD
Value in USD 9745 USD 0.3197 USD
All-Time High 20,089 USD 3.84 USD
24h Volume 14,312,579,394 USD 935,124,905 USD

Bitcoin – Ripple Price Comparison-

As far as the last 24 hours are concerned, Bitcoin went from 9521 USD to 9387 USD in just 2 hours, and with this fall of 1.41%, the coin started its day.  The next variation was a significant one as it took the coin way higher to 9745 USD giving a hike of 3.70% by 15:17 UTC. A dip of 2.26% followed it in just 5 hours and 43 minutes. This dip cost the coin 219 USD. The last but not the least variation was the highest hike which placed the coin at 9783 USD.

Similarly, XRP also had four swings on its share. There was a huge increment of Ripple’s value against USD between 03:08 UTC and 11:08 UTC. This hike added 0.0128 USD. The next in wait was another small hike of 2.13%, and this took the coin to the highest level of the day at 0.3219 USD. This hike could not be sustained for long, and the coin fell back to 0.3165 USD over the next 3 and a half hours. The final swing came as a slight growth of 0.0046 USD between 20:25 UTC and 02:03 UTC of today.

Bitcoin – Ripple Price Prediction-

Though Ripple doesn’t match the repute of Bitcoin, it surely is a promising coin. As per the experts’ prediction, Bitcoin may trade around 15,000 USD to 20,000 USD, and XRP may trade around 0.7 USD, before the New Year sets in.

  Bitcoin (BTC) Ripple (XRP)
1st Resistance 9797.006667 USD 0.323296333 USD
2nd Resistance 9846.593333 USD 0.328122667 USD
3rd Resistance 9991.426667 USD 0.335838333 USD
1st Support 9462.586667 USD 0.310754333 USD
2nd Support 9317.753333 USD 0.303038667 USD
3rd Support 9198.166667 USD 0.298212333 USD

Conclusion-

After yesterday’s growth, it would not be prudent to imagine an all bullish run from now on. The coin may act volatile, but in the medium-term, the coin is likely to be yielding high.