For the day ahead
Stellar’s Lumen would need to avoid a fall back through the $0.09449 pivot to support a run at the first major resistance level at $0.10061.
Support from the broader market would be needed, however, for Stellar’s Lumen to break out from Monday’s high $0.10044.
Barring a broad-based crypto rally, the first major resistance level and Monday’s high would likely limit any upside.
A fall through the $0.09449 pivot would bring the first major support level at $0.08854 into play.
Barring another extended crypto sell-off, however, Stellar’s Lumen should steer well clear of the second major support level at $0.08242.
Looking at the Technical Indicators
First Major Support Level: $0.08854
First Major Resistance Level: $0.10061
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 rose by 0.94% on Monday. Reversing a 0.99% fall from Sunday, Tron’s TRX ended the day at $0.01876.
It was a mixed start to the day. Tron’s TRX rose to an early morning high $0.018978 before hitting reverse.
Falling short of the first major resistance level at $0.01921, Tron’s TRX slid to a mid-afternoon intraday low $0.017685.
Tron’s TRX fell through the first major support level at $0.01815 and the second major support level at $0.01772.
Finding late support, Tron’s TRX broke back through the support levels to strike a late intraday high $0.019177.
Tron’s TRX came within range of the first major resistance level at $0.01921 before tumbling back to $0.01820 levels.
Finding support at the first major support level at $0.01815, Tron’s TRX recovered to end the day in the green.
At the time of writing, Tron’s TRX was up by 0.56% to $0.018868. A bullish start to the day saw Tron’s TRX rise from an early morning low $0.018755 to a high $0.019031.
Tron’s TRX left the major support and resistance levels untested early on.
