Cardano and Ripple Keep Tumbling Down Amidst Slow Tides

  • Cardano records a dip from the trading price of $0.059 to $0.054 within a day
  • XRP slumps from $0.31 to $0.30 in a day

It has not been a good week or month for the world of cryptos, and Cardano and Ripple are also a part of the same boat. The coins have resumed back to bearish trends after rising for 2-days at the beginning of the week and may drift towards high tides only towards the weekend now. The current market statistics of both coins also state the same thing.

Cardano – Ripple Price Statistics:

In the last one day, XRP has shown a downtrend of 3% dropping from $0.31 to $0.30 as on July 24, 2019, at 07:23:53 UTC. In the same lines, ADA has also recorded a dip of 8% from $0.059 to $0.054. Both the coins seem to shadow each other’s movement with rising and fall in the prices at the same moments, and this may continue for a while now.

Cardano vs. Ripple price chart - july 24Cardano vs. Ripple price chart - july 24

Statistics Cardano (ADA) Ripple (XRP)
Price  (USD) 0.054 0.30
Price (BTC) 0.00000566 0.00003165
Market Capitalization 1,423,357,683 13,156,822,530
24h volume 57,756,083 988,635,523
Circulating Supply 25,927,070,538 ADA 42,832,704,971 XRP
Return on Investment 158.40% 5,128.79%

 
There has been a decline in everything from prices to market cap to ROI for both ADA and XRP, and it may take a while for the coins to recover from these falling trends.

Cardano – Ripple Price Prediction:

Cardano may rise to $0.090 by the end of this month, and XRP may cross $0.32 in the same time period. However, it may take a little while for both coins to resume to rising trends and start moving rigorously towards higher ends. The firms have been instrumental in bringing key partners on board, and it will start showing results as the year approaches the end.

Conclusion:

This is a good time to plan long-term investments in both ADA and XRP as the future benefits are good.

Crypto Destroyer

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