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- 1 Litentry crypto price surged 10.02% in the past 24 hours and currently trades at $0.9748.
- 2 LIT price prediction shows that it may gain over 650% by the end of the financial year 2028 and reach a high of $7.662.
- 3 The daily chart showcases a bullish outlook above the key EMAs of 50-day and 200-day.
Litentry is a platform that enables decentralized identity across blockchains. It uses advanced technologies such as TEE, verifiable credentials, and customizable score computation to protect user privacy and enhance identity utility.
Moreover, it also provides a product called IdentityHub. It allows users to manage and authenticate their identities on both Web2 and Web3.
Litentry aims to create a unified, privacy-centric decentralized identity infrastructure that supports interoperability and innovation in the decentralized space.
Litentry crypto price showcases an optimistic outlook in the short term. The LIT price is headed higher slowly and steadily making small pullbacks. The daily chart witnesses the formation of a golden crossover of the EMAs; indicating the strength in the trend.
Moreover, the recent price surge has turned the long-term trend optimistic after the price managed to sustain above the 200-day EMA over the daily chart. The LIT price performance demonstrates a gain of over 8.2% in the past week and has added over 24.53% in the past month.
Litentry Price Prediction 2023
The volume analysis shows that LIT has a 24-hour trading volume of $19.205 Million with a gain of 107.24% as compared to the last day. The live market cap of Litentry is $38.322 Million and ranks 565th among the top cryptos. The volume-to-market cap ratio is 23.28%, indicating high volatility in the market.
The price prediction for November 2023 showcases a bullish outlook above the 50-day EMA. The optimistic view of analysts estimates the price may reach a high of $1.080 by the year-end. The pessimistic view of analysts estimates the price may drop to $0.7587.
Litentry Price Prediction 2024
As per the analysts, the most optimistic target that the LIT price may achieve by 2024 is $1.759, indicating an upside potential of 82.90% from the CMP. However, the pessimistic view of analysts expects the price to reach $1.154.
Litentry Price Prediction 2025
The most optimistic analyst forecast for Litentry crypto expects the price to reach a high of $2.582 with a potential gain of 165.89% from the CMP. The minimum forecasted price by the end of 2025 is $1.827. The average predicted price till 2025 is $2.216.
Litentry Price Prediction 2026
The LIT price may reach a high of $3.428 if a positive trend prevails in the crypto market. On the flip side, the most pessimistic view of the analysts expects the price to reach $2.658 by 2026.
Litentry Price Prediction 2027
According to the analysts’ price prediction for the year 2027, the most optimistic view of analysts estimates the LIT price to reach a high of $5.0428. The minimum price target of analysts is $4.027 by 2027.
Litentry Price Prediction 2028
Till 2028, the overall crypto market may see more exposure and evolve more. On the most optimistic side, the LIT crypto price may reach a high of $7.662. However, the pessimistic view of analysts expects the price to reach $5.3664.
Disclaimer
The views and opinions stated by the author, or any people named in this article, are for informational purposes only and do not establish financial, investment, or other advice. Investing in or trading crypto or stock comes with a risk of financial loss.
Amanda Shinoy is one of the few women in the space invested knee-deep in crypto. An advocate for increasing the presence of women in crypto, she is known for her accurate technical analysis and price prediction of cryptocurrencies. Readers are often waiting for her opinion about the next rally. She is a finance expert with an MBA in finance. Quitting a corporate job at a leading financial institution, she now engages herself full-time into financial education for the general public.
