LIT/USD - A love story of price discovery! $10 in range!
LIT has done an amazing race so far with three green daily candles since launch on Binance. Who can complain?
Today we nearly touched $10 before being pushed back and now we are continuing to correct from that top. Likely we will push higher from here and reach $10 and beyond soon.
The volume on this coin has been huge today at over half a billion USD! That is higher than the launch day... this is very bullish.
The support we are on right now is holding, should that continue to be the case we will quickly pump higher. If not, there is support at just above $5. Volatility is still very high on this coin and price swings can be quite large, so keep that in mind.
With only 18 million coins circulating right now, LIT has a long way up to saturate this level of demand. As long as that lasts, I see us go much higher.
We also need to let some time pass to get a better sense of future targets, for now claiming $10 and making that support would be great!
Like and follow if you liked this idea! Also join my crypto community to stay in touch!
Today we nearly touched $10 before being pushed back and now we are continuing to correct from that top. Likely we will push higher from here and reach $10 and beyond soon.
The volume on this coin has been huge today at over half a billion USD! That is higher than the launch day... this is very bullish.
The support we are on right now is holding, should that continue to be the case we will quickly pump higher. If not, there is support at just above $5. Volatility is still very high on this coin and price swings can be quite large, so keep that in mind.
With only 18 million coins circulating right now, LIT has a long way up to saturate this level of demand. As long as that lasts, I see us go much higher.
We also need to let some time pass to get a better sense of future targets, for now claiming $10 and making that support would be great!
Like and follow if you liked this idea! Also join my crypto community to stay in touch!
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