Ethereum Vs. Litecoin: Ethereum (ETH) Gives Mixed Trend While Litecoin (LTC) Continues With Downtrend

• Ethereum shows a downtrend of 2% while LTC dips by 6% in the week
• Ethereum rises as high as $361 while LTC continues to drop throughout the week

The last week of June has been slow for most of the currencies after mid-week when the Bitcoin prices started dropping from $13,000. ETH has moved hand-in-hand with BTC and surged as high as $361 from its initial value of $309.32 but soon started dipping to trade below $300. On the other hand, LTC started the week trading at $132 and started dipping only after mid-week to drop as low as $112. The current market performances of both coins are justified.

Ethereum-Litecoin Price Statistics:

As on June 29, 2019, at 10:41:59 UTC, ETH is found to be trading at $301.32 showing a downtrend of over 2% from its starting value in the week at $309.32. ETH, however, rose to its highest value in 90-days at $361 before sliding downwards. LTC, however, maintained a steady trend till a mid week and showed a downtrend of over 6% overall dropping from $132.11 to its current value of $123.27. LTC has only moved downwards after mid-week.

 ETH and LTC are placed at 2^nd and 5^th positions respectively in the global coin ladder and have been showing growth since the beginning of the year. The coins may pick up the pace soon.

Ethereum – Litecoin Price Prediction:

Ethereum and Litecoin have maintained a steady pace throughout the year and have also given moments of a sudden surge now and then. While ETH can trade above $500 by the end of the year, while LTC may trade around $200 and beyond if it picks up the pace and continues with the surge for longer.

Conclusion:

Ethereum and Litecoin can be targeted for long-term investments as both currencies are highly profitable and growth-oriented and can give good returns in no time.