Will Litentry (LIT) get to $1 this week

[Amphenomenon]

2 weeks ago LIT rose to  $0.960 and then drop to $0.663 yesterday.

Currently Litentry price today is $0.748872 with a 24-hour trading volume of $18,295,900. LIT price is up 10.7% in the last 24 hours. It has a circulating supply of 40 Million LIT coins and a total supply of 100 Million.(Source:Coin gecko)

[Charles-Tim]

Just know that if you are dealing with altcoins, it is like you are gambling, there can be big profit or big loss. It is possible for Lit to get to $1, or increase above the price, but also it is possible for the coin to fall significantly and fall below what you may be expecting.

[Strongkored]

Your thread is more appropriately in the altcoin section especially in speculation. so you have to move it
Everything about the price cannot be guessed accurately it is just a predicted, please buy if you feel it will provide a profit but you have to see if this coin has been listed on an exchange with a large volume so that there is an opportunity for the coin to exist in the long run

[Slow death]

this altcoin is listed on binance although it is a good thing that at least the altcoin is listed on binance and I need to be careful with altcoins as the altcoin price is highly influenced by the altcoin creators if the altcoin creator goes public and badmouths of altcoin or there is some scandal that involves the creator of altcoin then the price of altcoin will go down a lot even if the market is not even going down, this is a negative point that altcoins have, another point is that when the price of bitcoin drops a lot all altcoins fall a lot against bitcoin, but when the price of bitcoin starts to recover then we see a bleak scenario in altcoins where the price of altcoins against bitcoin does not go back to the same price, this happens because people have so many other altcoins to invest that are looking to put little money in a lot of shitcoins, but as the price of bitcoin has gone up in dollars people look at the altcoin price and think that everything is fine em, as the person bought the altcoin at 1$ and then sees the price at 1.50$, he thinks everything is fine, when in fact that altcoin only has this price increase because the price of bitcoin has increased

Just know that if you are dealing with altcoins, it is like you are gambling, there can be big profit or big loss.

buying altcoin is different from gambling, in gambling the person only has two options: lose or win

when buying altcoins the person can sell if the person sees that the price will fall and the person will not lose all capital, he will probably only lose 5% or 10% of the capital

[dimonstration]

The idea of Litentry is for the crosschain identity transfer which might be the big deal on crypto once regulator finally requia mandatory KYC on all DeFi. Litentry all time high price was 12$ but having a short time frame for a target price is very hard to predict due to crypto volatility. There's a chance that LIT can hit that 1$ but I'm not sure if that's possible this weekends since Bitcoin is showing some weakness in reaction with DXY possible uptrend movement.

[GreatArkansas]

Most of the altcoins are dumping hard right now especially when Bitcoin started to drop from $30,000 and $20,000. As you can see that Bitcoin is having a hard time staying above $20,000 these past few days, so expect that altcoins will dump hard too especially those mid to small-market cap altcoins.
If you take a look even there is not really some bad news on the project or FUD, price is still falling.

[kotajikikox]

2 weeks ago LIT rose to  $0.960 and then drop to $0.663 yesterday.

Currently Litentry price today is $0.748872 with a 24-hour trading volume of $18,295,900. LIT price is up 10.7% in the last 24 hours. It has a circulating supply of 40 Million LIT coins and a total supply of 100 Million.(Source:Coin gecko)

it fails to take that Dollar value in first attempt so do you think there is another attempt to happen soon? if not then lets expect this to be staying in this level because the investors are now holding their funds as they already gather what they wanted to see.

but I'm afraid this going to head that way anytime soon , so best to deal with caution mate.

[samcrypto]

2 weeks ago LIT rose to  $0.960 and then drop to $0.663 yesterday.

Currently Litentry price today is $0.748872 with a 24-hour trading volume of $18,295,900. LIT price is up 10.7% in the last 24 hours. It has a circulating supply of 40 Million LIT coins and a total supply of 100 Million.(Source:Coin gecko)

Maybe yes, but you have to consider the market trend as well. Reaching that peak is not easy though it looks near on that price but in reality, it will take a lot of money before they reach it. Honestly, I’m not familiar with this project but if they are good fundamentally and there’s a good demand for this altcoin then eventually it will reach it’s price of $1, but i doubt that for this week the resistance level is too strong and the selling pressure is there.

[CryptoYar]

Will Litentry (LIT) get to $1 this week

It seems like when you saw this token at $0.960 it was pumped because of an event, and after that, it started falling. because on October 15, bitcoin was dropping. While this token was pumped almost to your stated price.

So if there is any upcoming event/news of this token, it can pump again possibly to $1 ( or to its previous high, $0.960 ) If there is no event, then wait for bitcoin to recover.

[Xal0lex]

The project has good backers as well as binance support. At the moment about 35% of the whole offer is available.  As a medium-term investment, you could make a purchase of 70-75 cents. There is a chance that this project could grow to at least $5 during the next bull run, which is a very good profit. But again, not investment advice, DYOR.

[TastyChillySauce00]

LIT has a very good fundamenta. This project is still actively developing in the background. Im feeling skeptical for this week but you may wait until the end of year. it may reach $1 again. You can expect a big announcement to come and then the price will be flying to the moon.
Bitcoin is slowly recovering again and i hope this pattern will be pretty much the same like the end of 2018. Next year will be another year for recovery phase of crypto after it has been facing a huge dump gradually.
The token has been pumped caused by a bad news but it was facing another correction again. Litentry developers needs to rolling out another good announcement.

[jaberwock]

2 weeks ago LIT rose to  $0.960 and then drop to $0.663 yesterday.

Currently Litentry price today is $0.748872 with a 24-hour trading volume of $18,295,900. LIT price is up 10.7% in the last 24 hours. It has a circulating supply of 40 Million LIT coins and a total supply of 100 Million.(Source:Coin gecko)

Maybe yes, but you have to consider the market trend as well. Reaching that peak is not easy though it looks near on that price but in reality, it will take a lot of money before they reach it. Honestly, I’m not familiar with this project but if they are good fundamentally and there’s a good demand for this altcoin then eventually it will reach it’s price of $1, but i doubt that for this week the resistance level is too strong and the selling pressure is there.

What is the trend now, bear? But we have been on this trend since last time and yet LIT still manage to rise on its own. Sorry, but I think reaching 1 usd for this coin is not that hard as you think. Can you see the recovery? It recovered 10% only in just a day. I think that was a good one and if that continues on the next day or two then we are finally on that price target the op is aiming about.

I am not familiar on this project as well but maybe they really have a good fundamental because where will be the demand coming from? We are at the bear and everyone is silent but it does not mean that they aren't hunting for a potential coin which can be a great addition to their portfolio.

[South Park]

Just know that if you are dealing with altcoins, it is like you are gambling, there can be big profit or big loss. It is possible for Lit to get to $1, or increase above the price, but also it is possible for the coin to fall significantly and fall below what you may be expecting.

Speculators should learn that depending on how the market is behaving their actions should change as well, if someone feels like investing in new altcoins during the middle of a bull run, even if I still think it is a bad idea I can understand it because at that time almost all the coins in the market are going up so they have better chances to make money, but to do so when there is a bear market is a huge mistake, and even if they happen to win once in a while the odds will always be against them.

[goaldigger]

The market is doing great today and LIT 24h peak is around $0.84 which is already near to the price of $1.
few days left before the end of the week and the month though so it will be hard to achieve that price. November might be a good month for this, and this project actually looks good with a potential to rise. There’s a good volume as well with LIT, and if the project made some update as well I expect $1 can be hit and even pump more. Bull trend will also play an important role here, let’s see if the whole market recovers.