Price Analysis

Ethereum Vs. Litecoin Price Analysis: ETH And LTC Reach Face Off Showing Consistent Growth

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  • Ethereum and Litecoin are from the A-team of the cryptomarket
  • Ethereum may have been high for fetching great ROI, but Litecoin has the power of steady surge

Ethereum and Litecoin are growing rapidly since the onset of 2019, and as noticed by closely observing the trend of these cryptos, LTC has come a long way from initially trading at around $30 to reaching $140 now which shows over 4X growth in the last 5 months. Ethereum has also been maintaining a good pace of growing 2X times from $133 to $266, but it needs more push to maintain a steady trend and keep holding it for long. The current market performance of both ETH and LTC restores the belief in the power of cryptocurrencies.

Ethereum-Litecoin Price Statistics:

As on June 13, 2019, at 07:33:52 UTC, the price of ETH is noted at $260.18 while LTC is trading at $135.19. There has been a steady growth of over 36% in the last 25 days shown by LTC while ETH has shown a mixed trend with almost equal shares of rise and fall in the value of the coin over the same time period. With an uptrend of over 12% in the last 25 days, ETH still struggles to find a solid ground to hook on to for continuous surge.

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ETH-LTC price Chart -13 June

Statistics Ethereum (ETH) Litecoin (LTC)
Price  (USD) 260.18 135.19
Price (BTC) 0.03197670 0.01665873
Market Capitalization 27,624,669,402 8,404,846,725
24h volume 8,812,791,583 5,468,060,381
Circulating Supply 106,469,452 ETH 62,201,526 LTC
Return on Investment >9000% 3,046.71%

ETH’s ROI has been more than 9000% now, and hence it seems to be a safer bet, but everything is unpredictable in the cryptocurrencies world, and although LTC has a lot of catching up to do in this front, it may succeed or rather outrun ETH in other fronts like global alliances.

Ethereum-Litecoin Price Prediction:

Both ETH and LTC tokens are highly profitable and futuristic and may achieve tremendous growth in the price curve this year. While ETH may cross the $500, LTC will also not be left behind and may reach around $150 by the end of 2019.

Conclusion:

Investment in ETH & LTC is highly secure and backed by many other benefits which other altcoins may not be able to provide hence investing a little bit in both of the coins will be the best decision.

Ruti Vora

Ruti regularly contributes in-depth news articles for leading cryptocurrencies. She contributes technical chart-based price updates and analysis pieces on the world's leading digital currencies.

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