For the day ahead
Stellar’s Lumen would need to avoid a fall back through the $0.10284 pivot to support a run at the first major resistance level at $0.11566.
Support from the broader market would be needed, however, for Stellar’s Lumen to break back through to $0.11 levels.
Barring a broad-based crypto rally, the first major resistance level would likely limit any upside.
Failure to avoid a fall back through the $0.0.10284 pivot would bring the first major support level at $0.08983 into play.
Barring another extended crypto sell-off, however, Stellar’s Lumen should steer of sub-$0.090 levels on the day.
The 23.6% FIB of $0.09280 should limit any downside on the day.
Looking at the Technical Indicators
First Major Support Level: $0.08983
First Major Resistance Level: $0.11566
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 slid by 7.24% on Sunday. Reversing a 3.92% gain from Saturday, Tron’s TRX ended the week up by 2.29% to $0.019013.
Tracking the broader market, Tron’s TRX rallied to an early morning intraday high $0.021237 before hitting reverse.
Coming up against the first major resistance level at $0.02101, Tron’s TRX tumbled to an early intraday low $0.017800.
Tron’s TRX fell through the first major support level at $0.01969 and the second major support level at $0.01892.
Steering clear of the third major support level at $0.01760, Tron’s TRX revisited $0.01960 levels before sliding back.
The first major support level pinned Tron’s TRX back.
At the time of writing, Tron’s TRX was up by 1.90% to $0.019375. A mixed start to the day saw Tron’s TRX fall to an early morning low $0.018847 before rising to a high $0.019375.
Tron’s TRX left the major support and resistance levels untested early on.