Bitcoin Vs. Ripple: BTC and XRP Prices Saw an Escalation of More Than 1.5% in Last 24 Hours

Fibo Quantum

BTC has enough potential to fetch massive returns when compared with the high performing stocks of the market. After all, Cryptocurrency is definitely a good choice, although with great risk and even greater returns. 

Ripple, on the other hand, recently announced their release of version 1.3.1 with better features and updates that blends with the core protocol of XRP Ledger. 

Bitcoin – Ripple Current Price Statistics:

27th July at 07:20 UTC  Bitcoin (BTC) Ripple (XRP)
Market Ranking 1 3
Return of Investment (ROI) 7363.59% 5348.63%
Coin Circulation 17,840,512 BTC 42,832,704,971 XRP
Market Cap 180,157,784,939 USD 13,708,338,276 USD
24 Hour Volume 15,345,085,762 USD 1,106,739,960 USD
Value in USD 10066.32 0.3195

BTC – XRP Price Comparison:

Yesterday around 00:10 UTC, BTC was trading at $9862.67. The value then dropped by 1.97% at 06:27 UTC time trading at $9663.72. Around early evening at 16:40 UTC time, the value of Bitcoin increased by 2.29% trading at $9884.78. However, the value again dropped by 1.42% at 20:29 UTC with trading value of $9749.69. Today at 01:01 UTC, the price escalated by 4.61% with the coin trading at $10,210. The current trading price is dropped by 1.35% from then. 

BTC Vs XRP Price Chart by TradingView

Similarly, XRP price around 00:10 UTC was seen trading at $0.3133. The value dropped by 1.62% at 06:33 UTC that led the coin to trade at $0.3081. The coin superficially mounted by 5.69% at 18:18 UTC to trade at the value of $0.3255. However, the value at 21:40 UTC, was dropped by 1.61% and was seen trading at $0.3204. Today at 00:08 UTC, the coin oscillated in the upper range by 2.13% when the trading value changed to $0.3279. The current value of Ripple again dropped by 2.5% since then. 

Bitcoin – Ripple Price Prediction and Conclusion:

BTC and XRP are slightly elevated from the bearish zone by not completely. However, we might be able to see some better mounting in the near future that will push the trade towards the bullish zone. For now, traders might want to focus on ‘buying’ the currencies under the calculated resistance support level as below: 

Resistance Support Level BTC XRP
R3 10,150.43 0.343573
R2 10,033.47 0.334041
R1 9,951.89 0.328785
S1 9,753.35 0.313997
S2 9,636.39 0.304465
S3 9,554.81 0.299209

 

BTC is expected to trade around $15,000 and $20,000, while XRP may go as high as $0.7 by the end of the year.