For the day ahead
Stellar’s Lumen would need to avoid the $0.2948 pivot to bring the first major resistance level at $0.3096 into play.
Support from the broader market would be needed, however, for Stellar’s Lumen to break out from Monday’s high $0.3059.
Barring an extended rally, the first major resistance level and resistance at $0.31 would likely cap any upside.
In the event of another broad-based crypto rally, Stellar’s Lumen could test resistance at $0.33 before any pullback. The second major resistance level sits at $0.3207.
A fall through the $0.2948 pivot would bring the first major support level at $0.2837 into play.
Barring another extended sell-off on the day, Stellar’s Lumen should steer clear of the second major support level at $0.2689.
Looking at the Technical Indicators
First Major Support Level: $0.2837
First Major Resistance Level: $0.3096
23.6% FIB Retracement Level: $0.3402
38% FIB Retracement Level: $0.4277
62% FIB Retracement Level: $0.5690
Tron’s TRX rose by 3.03% on Monday. Partially reversing a 4.08% loss from Sunday, Tron’s TRX ended the day at $0.07407.
A bearish start to the day saw Tron’s TRX fall to an early morning intraday low $0.06939 before making a move.
Finding support at the first major support level at $0.06951, Tron’s TRX rallied to a late afternoon intraday high $0.07527.
Coming within range of the first major resistance level at $0.07536, however, Tron’s TRX eased back to end the day at $0.074 levels.
At the time of writing, Tron’s TRX was up by 0.04% to $0.07410. A mixed start to the day saw Tron’s TRX rise to an early morning high $0.07499 before falling to a low $0.07322.
Tron’s TRX left the major support and resistance levels untested early on.