For the day ahead
Stellar’s Lumen would need to avoid a fall through the $0.09440 pivot to support a run at the first major resistance level at $0.09876.
Support from the broader market would be needed, however, for Stellar’s Lumen to break out from last week’s high $0.09776.
Barring another broad-based crypto rally, the first major resistance level and Sunday’s high $0.097762 would likely limit any upside.
Failure to avoid a fall through the $0.09440 pivot would bring the first major support level at $0.09100 into play.
Barring an extended crypto sell-off, however, Stellar’s Lumen should avoid sub-$0.090 levels. The second major support level sits at $0.08662.
Looking at the Technical Indicators
Major Support Level: $0.09100
Major Resistance Level: $0.09876
23.6% FIB Retracement Level: $0.1051
38% FIB Retracement Level: $0.14336518
62% FIB Retracement Level: $0.2050
Tron’s TRX
Tron’s TRX fell by 0.85% on Sunday. Partially reversing a 1.27% gain from Saturday, Tron’s TRX ended the week up by 7.24% to $0.01821.
It was also a bullish start to the day. Tron’s TRX rose to an early morning intraday high $0.018526 before hitting reverse.
Falling short of the first major resistance level at $0.01881, Tron’s TRX fell to an early afternoon intraday low $0.017921.
Tron’s TRX fell through the first major support level at $0.01809 before recovering to $0.01800 levels.
While moving back through to $0.018 levels, the first major support level pinned Tron’s TRX back late in the day.
At the time of writing, Tron’s TRX was down by 0.52% to $0.018115. A mixed start to the day Tron’s TRX rise from an early morning high $0.01824 to a low $0.01810.
Tron’s TRX tested the first major support level at $0.01686 early on.
