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- Bitcoin Shows an uptrend, while XRP is moving downward since today morning
- BTC maintains above $11000, meanwhile, XRP struggles to cross $0.47
In its 1 day-chart, XRP has traced a decreasing price trend, contrary to Bitcoin, which has continued to trade upwards. Yesterday, Ripple started its day with a sharp price fall from $0.4670 to $0.4494, breaking a major support level at $0.45.
At the same time, Bitcoin also saw a price fall at $10606.80. Notably, before that, it was touched as high as $11,000. BTC had a steady rebound and before closing the day yesterday, it managed to climb above $11000 again.
Current Statistics of Ripple and Bitcoin:
|
Statistics |
Ripple (XRP) | Bitcoin (BTC) |
|
Price (USD) 08:33:05 UTC |
$0.4685 |
$11307.38 |
|
Market Capitalization |
$19,838,847,860 |
$200,692,976,328 |
|
24h Volume |
$1,566,762,875 | $21,074,984,068 |
| Circulating Supply | 42,566,596,173 XRP |
17,779,400 BTC |
| Return on Investment (RoI) | 7,834.61% |
8,242.90% |
XRP/BTC 1-Day Price Chart:
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On the other hand, after XRP’s price plunge yesterday, it rebounded to $0.4674 and then corrected downwards. Later, XRP price surged above $0.47 and remained there till today. Today, XRP has tumbled down to $0.4661 and is currently struggling to remain above $0.47. Here, XRP has traced a bearish trend line.
Conclusion:
XRP needs to cross the price barrier above $0.46 in order to strike a further price surge. If XRP takes an upward move, it will see resistance at $0.4773 and $0.4847, while its major support levels are $0.4573 and $0.4447.
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Meanwhile, Bitcoin is expected to continue its Bull Run, though it will face resistance at $11,181.19 and $11,351.28, and its possible support levels can be at $10,725.72 and $10,440.34.
