EOS, Stellar’s Lumen, and Tron’s TRX – Daily Analysis – April 20th, 2021


For the day ahead

Stellar’s Lumen would need to move through the pivot level at $0.5196 and the 23.6% FIB of $0.5342 to bring the first major resistance level at $0.5480 into play.

Support from the broader market would be needed, however, for Stellar’s Lumen break back through to $0.54 levels.

Barring an extended crypto rally, the first major resistance level and Monday’s high $0.5669 would likely cap any upside.

In the event of an extended rally, Stellar’s Lumen could test resistance at $0.60. The second major resistance level sits at $0.5952.

Failure to move through the $0.5196 pivot and the 23.6% FIB of $0.5342 would bring the first major support level at $0.4724 into play.

Barring another extended sell-off on the day, Stellar’s Lumen should steer clear of sub-$0.45 levels. the second major support level sits at $0.4440.

Looking at the Technical Indicators

First Major Support Level: $0.4724

First Major Resistance Level: $0.5480

23.6% FIB Retracement Level: $0.5342

38% FIB Retracement Level: $0.4373

62% FIB Retracement Level: $0.2808

Tron’s TRX

Tron’s TRX slid by 8.82% on Monday. Following on from a 7.72% decline on Sunday, Tron’s TRX ended the day at $0.1303.

A bullish start to the day saw Tron’s TRX rise to an early morning intraday high $0.1491 before hitting reverse.

While falling short of the first major resistance level at $0.1606, Tron’s TRX broke through the 23.6% FIB of $0.1426.

The reversal, however, saw Tron’s TRX slide to a mid-afternoon intraday low $0.1297.

While steering clear of the first major support level at $0.1235, Tron’s TRX fell back through the 23.6% FIB of $0.1426.

Finding late support, Tron’s TRX revisited $0.137 levels before easing back.

At the time of writing, Tron’s TRX was down by 7.00% to $0.1212. A mixed start to the day saw Tron’s TRX rise to an early morning high $0.1312 before sliding to a low $0.1165.

Tron’s TRX fell through the first major support level at $0.1236 to test the second major support level at $0.1170 and support at the 38.2% FIB of $0.1167.



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