Ethereum VS Litecoin Unknown Outcome

Litecone outperformed Ethereum during the past few weeks, rising from ETH 0.16 to 0.20. Now it is near the resistance, and while trading above the 200 Moving Average, upside momentum is still intact

It is hard to say if Litecoin will outperform Ethereum at this point, as the break above ETH 0.20 is needed to confirm that. At the same time, LTC/ETH broke above the descending channel which could trigger further uptrend, and at this time it is the most likely scenario.

A Clear break above ETH 0.2 would shed more light on the further outcome, but currently, LTC/ETH stays below.



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