For the day ahead
Stellar’s Lumen would need to move back through the $0.3790 pivot to bring the first major resistance level at $0.3879 into play.
Support from the broader market would be needed, however, for Stellar’s Lumen to break back through to $0.3850 levels.
Barring an extended rally, the first major resistance level and Monday’s high at $0.3878 would likely cap any upside.
In the event of another broad-based crypto rally, Stellar’s Lumen could test the second major resistance level at $0.3966.
Failure to move back through the $0.3790 pivot would bring the first major support level at $0.3703 into play.
Barring an extended sell-off on the day, Stellar’s Lumen should steer clear sub-$0.35 levels. The second major support level at $0.3614 should limit the downside.
Looking at the Technical Indicators
First Major Support Level: $0.3703
First Major Resistance Level: $0.3879
23.6% FIB Retracement Level: $0.3402
38% FIB Retracement Level: $0.4277
62% FIB Retracement Level: $0.5690
Tron’s TRX rose by 2.76% on Monday. Reversing a 0.84% loss from Sunday, Tron’s TRX ended the day at $0.09015.
A mixed start to the day saw Tron’s TRX fall to an early morning intraday low $0.08747 before making a move.
Steering clear of the first major support level at $0.08548, Tron’s TRX rose to a late morning intraday high $0.09179.
Tron’s TRX broke through the first major resistance level at $0.09022 before easing back to sub-$0.090 levels.
Finding late support, however, Tron’s TRX broke back through to $0.090 levels to deliver the upside on the day.
At the time of writing, Tron’s TRX was down by 1.83% to $0.08850. A mixed start to the day saw Tron’s TRX rise to an early morning high $0.09095 before falling to a low $0.08832.
Tron’s TRX left the major support and resistance levels untested early on.