Bitcoin vs. Ripple Price Analysis: BTC & XRP Both Gain to Become Stable; Price Rally To Resume Later

Fibo Quantum

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  • Both Bitcoin and Ripple have shown huge price swings in the last 24 hours.
  • By the end of 2019, Bitcoin may trade around 15,000 USD & XRP should aim at 0.7 USD.

Bitcoin (BTC) and Ripple (XRP) both have tried to bounce back in the last 24 hours. After the last few days’ of volatility, the coins have started gaining strength. Here is an analysis of the price movement of both the coins in the last 24 hours. Both the coins have bullish medium-term outlook. By the end of this year, Bitcoin may trade around 15,000 USD to 20,000 USD whereas, XRP is expected to touch 0.7 USD price point. Let us first look at the current details of both the coins.

Bitcoin vs. Ripple Current Statistics-

20th July 09:25 UTC Bitcoin (BTC) Ripple (XRP)
Rank 1st 3rd
ROI (Return on Investment) 7,734.80% 5,468.21%
Coin Circulation 17,827,425 BTC 42,832,704,971 XRP
Market Cap 188,797,965,675 USD 14,007,803,347 USD
Value in USD 10,611.55 USD 0.3285 USD
All-Time High 20,089 USD 3.84 USD
24h Volume 19,584,312,419 USD 1,172,734,470 USD

 Bitcoin vs. Ripple Price Comparison-

Bitcoin vs. Ripple Price Chart - 20 July

Bitcoin has its first variation as a fall of 4.75% between 08:01 UTC and 10:29 UTC where it lost 511 USD. It was followed by a hike of 3.83% over the next 1 hour and 47 minutes. This hike added 392 USD. The next variation was another fall between 12:14 UTC and 13:09 UTC. This fall of 4.60% cost the coin 489 USD.

XRP faced its first fall of the last 24 hours between 05:54 UTC and 08:52 UTC. This fall of 2.62% cost the coin 0.0084 USD. This was followed by a hike of 1.75% over the next 3 hours and 15 minutes. This hike added 0.0055 USD. The third variation was huge but not a smooth hike of 6.82% between 13:06 UTC and 03:04 UTC. This hike added 0.0212 USD to the coin.

The last variation for Bitcoin was a hike of 4.47% between 13:09 UTC and 00:43 UTC of today. This hike gave 453 USD to Bitcoin. Similarly, XRP faced a fall as its last variation. This fall of 2.30% between 03:04 UTC and 08:31 UTC cost the coin 0.0077 USD.

Bitcoin vs. Ripple Price Prediction-

Both the coins have bullish medium-term outlook. There are the resistance points and support levels of both the coins.

Bitcoin (BTC) Ripple (XRP)
1st Resistance 10755.26333 USD 0.325360333USD
2nd Resistance 10979.79667 USD 0.330115667USD
3rd Resistance 11242.61333 USD 0.335722333USD
1st Support 10267.91333 USD 0.314998333USD
2nd Support 10005.09667  USD 0.309391667USD
3rd Support 9780.563333 USD 0.304636333USD

Conclusion-

Both the coins have a massive potential to perform. Investors need to aim at long-term holding for maximum profits.