Buy Bitcoin here
  • Crypto
    • Bitcoin News
    • Ethereum
    • Altcoin
    • Blockchain
    • Blockchain Companies
    • Cryptocurrency Exchanges
    • DeFi
    • Regulation
    • Press Release
    • ICO News
      • ICOs Review
      • Upcoming ICOs
      • Scam
  • Education
    • CryptoTicker Starter Kit
    • Blockchain For Dummies
    • Crypto entrepreneurs
    • Free Resources
    • Events
    • Events Review
  • Prices
  • Exchange Comparison
  • Newsletter subscribe

  • News

    • Bitcoin News
    • Altcoin
    • Regulation
    • Blockchain Companies
    • Blockchain
    • Cryptocurrency Exchanges
  • News

    • Ethereum
    • Events Review
    • ICO News
    • Press Release
  • Education

    • CryptoTicker Starter Kit
    • Education
    • Blockchain For Dummies
    • Crypto entrepreneurs
    • Free Resources
    • Events
  • Cryptoticker

    • About us
    • Advertise
    • Media Kit
    • Submit your Press Release
    • Contact
    • Membership Login
  • Social Media

    Facebook
    Twitter
    Telegram
    Youtube
    • Newsletter
  • Crypto
    • Bitcoin News
    • Ethereum
    • Altcoin
    • Blockchain
    • Blockchain Companies
    • Cryptocurrency Exchanges
    • DeFi
    • Regulation
    • Press Release
    • ICO News
      • ICOs Review
      • Upcoming ICOs
      • Scam
  • Education
    • CryptoTicker Starter Kit
    • Blockchain For Dummies
    • Crypto entrepreneurs
    • Free Resources
    • Events
    • Events Review
  • Prices
  • Exchange Comparison
Starter Kit Membership Search
English
English Deutsch
Menu
Search


Altcoin Cardano Ripple TradingView XRP

Cardano (ADA) BEATS Ripple (XRP) – Which is the better Alt?

Posted On February 11, 2021 Rudy Fares 0

  • share 
  • share 
  • share 
  • tweet 
  • share 
  • share 

In an unprecedented move, yesterday on the 10th of February 2021, Cardano’s ADA managed to overtake Ripple’s XRP in market capitalization. Many avid Cardano enthusiasts were talking about how this cryptocurrency would explode due to several ongoing projects on the making, while Ripple was dealing with its SEC lawsuit. Which is the better alternative?

Cardano (ADA) Price Analysis

Cardano seems to have finally reached its previous close ATH price after a 3 years consolidation period. Prices picked up as all cryptocurrencies after the COVID-19 crash in March 2020. With many developments in the background, Cardano’s ADA price is ready both fundamentally and technically for new ATHs.

ADA/USD 1-week chart showing ADA's prices reaching ATH again
Fig.1 ADA/USD 1-week chart showing ADA’s prices reaching ATH again –  TradingView.com

Ripple (XRP) Price Analysis

In a totally different direction, Ripple has many complexities to deal with currently, which is mainly the SEC lawsuit and attracting back all the investors that fled to other cryptocurrencies. The lawsuit had a significant impact on XRP prices, which were at number 3 in market capitalization, but dropping to number 5, and potentially number 6 if Polkadot manages to overtake it soon just like Cardano did. Despite the cryptocurrency rally, XRP is still very far from its ATH of 3 years ago, unlike Cardano, which represents a major plus from a technical standpoint.

XRP/USD 1-week chart showing XRP's current price compared to previous ATH
Fig.2 XRP/USD 1-week chart showing XRP’s current price compared to previous ATH –  TradingView.com

What to expect in the future?

Currently, a price adjustment for Cardano is VERY LIKELY, as prices have seen a tremendous surge with no sight of stopping. Potential retracement areas for ADA are as follows:

  • USD 0.8 cents
  • USD 0.7 cents (if things turn sour quickly)

For Ripple, on the other hand, we notice a strong uptrend with healthy price-actions. The only drawback currently is the lawsuit, which should in fact get resolved as time progress with the case.

Which one to choose? Well, you can always hold both in your portfolio, and reshuffle accordingly to performance every week or month depending on your investment strategy. There is NO correct way to go around choosing which one is the best alternative, but always keeping up with the news is the most important thing when you invest in a cryptocurrency.

Stay ahead, Stay Updated
Rudy Fares

How to Become a Successful Trader – 5 Steps to Follow

  • share 
  • share 
  • share 
  • tweet 
  • share 
  • share 

It is super easy to buy Ripple. Just take a look at our exchange comparison!

 

 

Follow us on Social Media and subscribe to our free crypto newsletter!

@Telegram
@Instagram
@Twitter 
@TikTok
@Facebook

Diskutiere mit uns!

About Trading @CT Trader
About Crypto in general @CT Inside

This post may contain promotional links that help us fund the site. When you click on the links, we receive a commission - but the prices do not change for you! :)

Disclaimer: The authors of this website may have invested in crypto currencies themselves. They are not financial advisors and only express their opinions. Anyone considering investing in crypto currencies should be well informed about these high-risk assets.

Trading with financial products, especially with CFDs involves a high level of risk and is therefore not suitable for security-conscious investors. CFDs are complex instruments and carry a high risk of losing money quickly through leverage. Be aware that most private Investors lose money, if they decide to trade CFDs. Any type of trading and speculation in financial products that can produce an unusually high return is also associated with increased risk to lose money. Note that past gains are no guarantee of positive results in the future. 

#best altcoin#cardano#Cardano Price#ripple#ripple price



You might also like

Altcoin Cardano Crypto TradingView

Cardano BOOMED 30% – What’s driving this cryptocurrency up?
February 27, 2021
Altcoin Crypto

Those 3 coins grew FASTER than XRP and surpassed it!
February 18, 2021
Crypto Ripple TradingView XRP

WallStreetBets targets XRP, Prices soar 160% in 7 days – What about the lawsuit?
February 1, 2021

More from Altcoin

Red Crypto Day – Did Elon Musk’s Tweets affect buyers?
Posted On February 21, 2021 Rudy Fares 0

Elon Musk's tone on Twitter seemed to turn to the negative. Can those tweets affect the market, or was it …

Synthetix Network: – All you need to know about Synthetix (SNX)
Posted On February 18, 2021 Prasanna 0

Synthetix (SNX) is one of the topmost Decentralised Finance (DeFi) platforms. Synthetix's native token SNX is at no. 7 in …

Verge (XVG) 200 Days History Just Disappeared In A Spooky Event!
Posted On February 16, 2021 Taha Zafar 0

Verge (XVG) just had a bizarre and spooky event, where the entire blockchain history and transactions record of ~200 days …

In order to support and motivate the CryptoTicker team, especially in times of Corona, to continue to deliver good content, we would like to ask you to donate a small amount. Independent journalism can only survive if we stick together as a society. Thank you


  • Top Broker

    Bybit
    bybit
    Review · Visit
    Plus500
    Plus500
    Review · Visit

    Top Exchanges

    Kraken
    Kraken
    Review
    Coinbase
    Coinbase
    Review · Visit
  • Newsletter subscription




  • News

    • Bitcoin News
    • Altcoin
    • Regulation
    • Blockchain Companies
    • Blockchain
    • Cryptocurrency Exchanges
  • News

    • Ethereum
    • Events Review
    • ICO News
    • Press Release
  • Education

    • CryptoTicker Starter Kit
    • Education
    • Blockchain For Dummies
    • Crypto entrepreneurs
    • Free Resources
    • Events
  • Cryptoticker

    • About us
    • Advertise
    • Media Kit
    • Submit your Press Release
    • Contact
    • Membership Login
  • Social Media















    Newsletter


  • Imprint
  • Privacy Policy
  • Non-liability Disclaimer
©2021 CryptoTicker

Share

Share stories you like to your friends