For the day ahead
Stellar’s Lumen would need to avoid a fall through the $0.10153 pivot to support a run at the first major resistance level at $0.10455.
Support from the broader market would be needed, however, for Stellar’s Lumen to break out from Sunday’s high $0.1032.
Barring a broad-based crypto rally, the first major resistance level would like cap any upside.
Failure to avoid a fall through the $0.10153 pivot would bring the first major support level at $0.09985 into play.
Barring an extended crypto sell-off, however, Stellar’s Lumen should steer well clear of the second major support level at $0.09683.
Looking at the Technical Indicators
First Major Support Level: $0.09985
First Major Resistance Level: $0.10455
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 3.52% on Sunday. Reversing a 3.61% rally from Saturday, Tron’s TRX ended the week down by 13.82% to $0.24337.
A mixed start to the day saw Tron’s TRX rise to an early morning intraday high $0.025383 before hitting reverse.
Falling short of the first major resistance level at $0.02614, Tron’s TRX slid to a late morning intraday low $0.023510.
Tron’s TRX fell through the first major support level at $0.02372 before briefly revisiting $0.025 levels.
A bearish end to the day, however, left Tron’s TRX at sub-$0.025 levels and in the deep red.
At the time of writing, Tron’s TRX was down by 1.02% to $0.024089. A bearish start to the day saw Tron’s TRX fall from an early morning high $0.024473 to a low $0.023873.
Tron’s TRX left the major support and resistance levels untested early on.