Lighter Price Prediction: Will LIT Break $2.80?

• Robinhood Chain launched on July 2 with Lighter as its integrated perpetual futures exchange, with an $11M LIT reward pool.
• Lighter has bought back 15.5M LIT, roughly 6.3% of circulating supply, and confirmed burns start this month.
• RSI sits at 76.93 on the 4-hour chart, overbought but with multiple prior bearish divergences flagged.

Lighter trades at $2.641 on July 6, down 1.49% on the four-hour chart after hitting a high near $2.80, as the Robinhood Chain integration continues to drive volume into the protocol and buyback burns approach.

Is LIT’s Ascending Channel Still Intact?

The four-hour chart shows LIT inside a clean ascending channel that has held since mid-May, with price tracking along the upper trendline after an aggressive push higher over the past week. Every EMA sits below spot: the 20-period at …

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