For the day ahead
Stellar’s Lumen would need to avoid a fall through the $0.11452 pivot to support a run at the first major resistance level at $0.11904.
Support from the broader market would be needed, however, for Stellar’s Lumen to break back through to $0.1190 levels.
Barring a broad-based crypto rally, the first major resistance level and Monday’s high $0.119724 would likely limit any upside.
A fall through the $0.11452 pivot would bring the first major support level at $0.10931 into play.
Barring an extended crypto sell-off, however, Stellar’s Lumen should steer of the second major support level at $0.10479.
Looking at the Technical Indicators
First Major Support Level: $0.10931
First Major Resistance Level: $0.11904
23.6% FIB Retracement Level: $0.09960
38% FIB Retracement Level: $0.14336518
62% FIB Retracement Level: $0.2050
Tron’s TRX
Tron’s TRX rallied by 8.00% on Monday. Following on from a 12.26% rally on Sunday, Tron’s TRX ended the day at $0.0305.
A bearish start to the day saw Tron’s TRX slip to an early morning intraday low $0.026755 before making a move.
Steering clear of the first major support level at $0.02536, Tron’s TRX rallied to a late intraday high $0.031619.
Tron’s TRX broke through the first major resistance level at $0.02998 and the second major resistance level at $0.03160.
A late pullback saw Tron’s TRX fall back through the second major resistance level to wrap up the day at $0.030 levels.
At the time of writing, Tron’s TRX was up by 3.64% to $0.03161. A bullish start to the day saw Tron’s TRX rally from an early morning low $0.030261 to a high $0.031773.
Tron’s TRX left the major support and resistance levels untested early on.