Ripple vs Ethereum: How XRP and ETH Prices Have Transformed the Crypto Market Over a Month

Ripple/Ethereum Ripple/Ethereum

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  • In a month’s duration, ETH has increased notably, while XRP tumbled
  • ETH had its 30-day high price at 288.29 USD; XRP’s 30-day high price at 0.47 USD

XRP, since last one week is having a rough patch as it is failing to maintain its price level above 0.40 USD. It was yesterday when XRP hit the price point of 0.41 USD after a long wait. However, currently, XRP is pulled back to 0.40 USD.

Meanwhile, Ethereum is having a bullish vibe as yesterday it went above 263 USD. ETH since then has declined a bit but the price has been trading above 253 USD, having strong support at 250 USD.

Current Statistics:

Statistics

Ripple (XRP) Ethereum (ETH)

Price (USD)

06:33:27 UTC

0.40 USD 254.38 USD
Market Capitalization 17,084,468,815 USD

27,315,475,372 USD

24h Volume

1,232,439,233 USD

8,299,000,937 USD

Circulating Supply

42,501,950,124 XRP

106,482,316 ETH

Return on Investment (RoI) 6,743.38%

8,959.33%

XRP and ETH Price Chart:

Ripple/Ethereum Price Chart

Comparison:

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On 16th May, XRP had its 30-day high price of 0.48 USD, from where it saw a gradual pullback causing it to bottom at 0.36 USD, with a decrease of 24.62% in just 10 hours. In a similar price move, ETH also went down from 273.10 USD to 228.40 USD with a price decline of 16.37% in almost the similar time frame as XRP.

Later, on 30th May, Ethereum surged remarkably and reached its 30-day high price of 288.29 USD at the same time, XRP also surged to 0.47 USD. Since then, XRP has shown a price decline of 14.8% and ETH has decreased to 21.37% till now. In the last 30 days, XRP price has dropped to 6.97% while ETH price has increased to 11.76%.

Conclusion:

Ethereum appears volatile and is likely to have a bullish impact over its price trend. If ETH maintains its uptrend, it may face resistance at 260.26 USD, 264.35 USD and 266.56 USD. However, if the price makes a downward move it will see support levels at 253.96 USD and 251.74 USD.

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On the other hand, XRP is also holding its price level at 0.40 USD, except for recent price fluctuations. If XRP taps on a bullish vibe, it will face resistance level at 0.413 USD and will see support prices at 0.398 USD and 0.395 if the price drops.