For the day ahead
Stellar’s Lumen would need to move through the $0.2672 pivot to bring the first major resistance level at $0.2779 into play.
Support from the broader market would be needed, however, for Stellar’s Lumen to break out from $0.2750 levels.
Barring an extended rally, the first major resistance level and resistance at $0.28 would likely cap any upside.
In the event of another broad-based crypto rally, Stellar’s Lumen could test resistance at $0.30 before any pullback. The second major resistance level sits at $0.2952.
Failure to move through the $0.2672 pivot would bring the first major support level at $0.2499 into play.
Barring another extended sell-off on the day, Stellar’s Lumen should steer clear of sub-$0.24 levels. The second major support level sits at $0.2392.
Looking at the Technical Indicators
First Major Support Level: $0.2499
First Major Resistance Level: $0.2779
23.6% FIB Retracement Level: $0.3402
38% FIB Retracement Level: $0.4277
62% FIB Retracement Level: $0.5690
Tron’s TRX rose by 0.71% on Monday. Following a 0.85% gain on Sunday, Tron’s TRX ended the day at $0.05851.
A mixed start to the day saw Tron’s TRX fall to an early morning intraday low $0.05752 before making a move.
Steering clear of the first major support level at $0.05635, Tron’s TRX rallied to a late afternoon intraday high $0.06379.
Tron’s TRX broke through the day’s major resistance levels before hitting reverse.
The reversal saw Tron’s TRX fall back through the major resistance levels to end the day at sub-$0.059 levels.
At the time of writing, Tron’s TRX was down by 1.30% to $0.05775. A mixed start to the day saw Tron’s TRX rise to an early morning high $0.05968 before rising to a high $0.05772.
Tron’s TRX left the major support and resistance levels untested early on.