For the day ahead
Stellar’s Lumen would need to move through the $0.09691 pivot to support a run at the first major resistance level at $0.09872.
Support from the broader market would be needed, however, for Stellar’s Lumen to break back through to $0.098 levels.
Barring a broad-based crypto rally, the first major resistance level and Monday’s high $0.098881 would like cap any upside.
Failure to move through the $0.09691 pivot would bring the first major support level at $0.09494 into play.
Barring an extended crypto sell-off, however, Stellar’s Lumen should steer clear of sub-$0.090 levels. The second major support level at $0.09313 should limit any downside.
Looking at the Technical Indicators
First Major Support Level: $0.09494
First Major Resistance Level: $0.9872
23.6% FIB Retracement Level: $0.09280
38% FIB Retracement Level: $0.1333
62% FIB Retracement Level: $0.1989
Tron’s TRX
Tron’s TRX rallied by 8.14% on Monday. Following on from an 8.65% rally on Sunday, Tron’s TRX ended the month up by 48.57% to $0.029254.
A mixed start to the day saw Tron’s TRX rise to an early morning high $0.02755 before hitting reverse.
Falling short of the major resistance levels, Tron’s TRX slid to a mid-morning intraday low $0.02573 before making a move.
Steering clear of the first major support level at $0.02518, Tron’s TRX rallied to a late intraday high $0.029916.
Tron’s TRX broke through the first major resistance level at $0.02861 to wrap up the day at $0.029 levels.
At the time of writing, Tron’s TRX was up by 2.17% to $0.02989. A mixed start to the day saw Tron’s TRX fall to an early morning low $0.027982 before striking a high $0.03028.
Tron’s TRX left the major support and resistance levels untested early on.