Altcoin Breakouts: LIT, ZEC, RAIN Target Next Resistance Levels

Three altcoins have broken above multi-month highs and tagged their first Fibonacci extension target. Lighter (LIT), Zcash (ZEC), and Rain (RAIN) now test their next objective: $3.98 for LIT, $1,099 for ZEC, and $0.02214 for RAIN.

LIT has gained 25% over the past week and 57% in a month after its tokenomics overhaul introduced permanent supply reduction. The daily chart shows a clean breakout above $2.76 on August 21, followed by clearing the 1.272 Fibonacci extension at $3.30. LIT now works toward the 1.618 extension at $3.98.

ZEC has climbed roughly 75% in 30 days after breaking above $749.65 and pushing into the 1.272 extension at $903.47. Price has since settled back near $800, holding well above the breakout level. Support is stacked: the old $749.65 high sits first, followed by the 0.786 retracement at $628.63.