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- Both Bitcoin and Ripple have gained over the last 24 hours.
- The coins may soon hit the market with a price rally.
Bitcoin and Ripple, as two of the most important coins of the market, have managed to show some positive growth over the last 24 hours. While Bitcoin is 0.31% up from Sunday’s value, XRP has grown by 1.04% over these 24 hours. Both the coins will have a bullish turnaround and may bring about price rally by the end of August. Let us look at the current details of the coins.
Bitcoin – Ripple Price Statistics-
| 12th August 05:59 UTC | Bitcoin (BTC) | Ripple (XRP) |
| Rank | 1st | 3rd |
| ROI (Return on Investment) | 8,337.42% | 5,038.00% |
| Coin Circulation | 17,871,787 BTC | 42,872,646,068 XRP |
| Market Cap | 204,231,998,940 USD | 12,946,768,291 USD |
| Value in USD | 11,372.47 USD | 0.3010 USD |
| All-Time High | 20,089 USD | 3.84 USD |
| 24h Volume | 15,108,511,201 USD | 839,756,758 USD |
Bitcoin – Ripple Price Comparison-
Over the last 24 hours, Bitcoin did not change much against USD. It started the day at a price around 11,420 USD and by09:17 UTC, it was down to 11,143 USD. This fall of 2.43% was accompanied by a small hike of 2.88% that lifted the coin to 11,464 USD. After a few hours of near to stable growth, it again showed a revaluation and added 223 USD to each coin. It reached the highest point of the day at 11,558 USD by 21:39 UTC. Near to the closing, the coin started dwindling, and it fell to 11,362 USD by 05:38 UTC of today.
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Similarly, XRP also started the day with a decrease in value. It went to 0.2953 USD from 0.3015 USD in 8 hours and 43 minutes from 00:31 UTC. It was followed by a hike of 3.52%, which took the coin to 0.3057 USD. However, soon after that, the coin fell by 1.59% and reached 0.3009 USD by 22:20 UTC and this makes the lowest point of Ripple for the day. A few hours of growth followed after that. And the final variation happened today between 00:51 UTC and 05:51 UTC and the coin is now down to 0.3014.
Bitcoin – Ripple Price Prediction-
Both the coins have faced immense downfall over the last few days. But the last 24 hours have been really motivating. Both the coins have bullish medium-term, and they may deliver huge to the investors who stick to them for a while. The details of resistance points and support levels are given below.
| Bitcoin (BTC) | Ripple (XRP) | |
| 1st Resistance | 11615.34333 USD | 0.306427USD |
| 2nd Resistance | 11707.10667 USD | 0.310939USD |
| 3rd Resistance | 11890.63333 USD | 0.315697USD |
| 1st Support | 11340.05333 USD | 0.297157USD |
| 2nd Support | 11156.52667 USD | 0.292399USD |
| 3rd Support | 11064.76333 USD | 0.287887USD |
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