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