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- 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-
| 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.
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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-
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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.
