LIT has just approached the $3.5 zone, this is a strong support we can buy as a strong rally could start at this zone to the $5, $6.5 and $8 zones.

🔴Buy : 3.9-4.1$ 🔴Buy : 3.4-3.6$. SL if B
🔴Sell : 4.88-5.12$. SL if A 🔴Sell : 6.35-6.65$. SL if A 🔴Sell : 7.8-8.2$. SL if A
🔵Buy : 2.93-3.07$. SL if B
📈Red Arrow : Main Direction as BUY & SELL section 📉Blue Arrow : Back-Up Direction as BACK-UP section 🟩Green zone : Support zone as BUY section 🟥Red zone : Resistance zone as SELL section 🅰️A : The Close price of 1-day candlestick is Above the zone 🅱️B : The Close price of 1-day candlestick is Below the zone

  • Litentry is a decentralized identity aggregation protocol across multiple networks, featuring a Decentralized Identity (DID) indexing mechanism and a Substrate-based credit computation network.
  • The objective of Litentry is to enable DID aggregation, verification, and credit calculation.
  • LIT is the native utility token of Litentry with the following use cases:
    • Payment: fees are paid in LIT each time a user requests a real-time credit computation via the network.
    • Reward: third-parties that set up indexed identity databases will receive rewards in LIT.
    • Staking: stake a certain amount of LIT to become an identity registrar.
    • Collateral: used as collateral for DeFi lending & borrowing services.