For the day ahead
Stellar’s Lumen would need to move back through to $0.06530 levels to bring the first major resistance level at $0.06684 into play.
Support from the broader market would be needed, however, for Stellar’s Lumen to break out from the morning high $0.064896.
Barring a broad-based crypto rebound, the first major resistance level and Sunday’s high $0.068167 would likely limit any upside.
Failure to move through to $0.06530 levels could see Stellar’s Lumen hit reverse.
A fall through to sub-$0.064 levels would bring the first major support level at $0.06249 into play.
Barring an extended crypto sell-off, however, Stellar’s Lumen should steer clear of the second major support level at $0.06097.
Looking at the Technical Indicators
Major Support Level: $0.06249
Major Resistance Level: $0.06684
23.6% FIB Retracement Level: $0.1051
38% FIB Retracement Level: $0.1433
62% FIB Retracement Level: $0.2050
Tron’s TRX
Tron’s TRX slid by 5.15% on Sunday. Reversing a 0.95% gain from Saturday, Tron’s TRX ended the week down by 5.43% to $0.014200.
A bullish start to the day saw Tron’s TRX rise to a mid-morning intraday high $0.015300 before hitting reverse.
Falling short of the first major resistance level at $0.01546, Tron’s TRX fell to a late afternoon low $0.014464.
Tron’s TRX fell through the first major support level at $0.01469 before briefly recovering to $0.01470 levels.
A late sell-off, however, saw Tron’s TRX slide to an intraday low $0.014200. Tron’s TRX fell through the first major support level at $0.01469 and second major support level at $0.01438.
At the time of writing, Tron’s TRX was up by 1.80% to $0.014456. A bullish start to the day saw Tron’s TRX rise from an early morning low $0.014117 to a high $0.014456.
Tron’s TRX left the major support and resistance levels untested early on.