For the day ahead
Stellar’s Lumen would need to avoid the $0.2530 pivot to bring the first major resistance level at $0.2666 into play.
Support from the broader market would be needed, however, for Stellar’s Lumen to break back through to $0.26 levels.
Barring an extended rally, the first major resistance level would likely cap any upside.
In the event of a broad-based crypto rally, Stellar’s Lumen could test the second major resistance level at $0.2735.
A fall through the $0.2530 pivot would bring the first major support level at $0.2461 into play.
Barring an extended sell-off on the day, Stellar’s Lumen should steer clear the second major support level at $0.2325.
Looking at the Technical Indicators
First Major Support Level: $0.2461
First Major Resistance Level: $0.2666
23.6% FIB Retracement Level: $0.3402
38% FIB Retracement Level: $0.4277
62% FIB Retracement Level: $0.5690
Tron’s TRX rose by 3.58% on Sunday. Following a 2.17% gain on Saturday, Tron’s TRX ended the week down by 4.07% to $0.06486.
After a mixed start to the day, Tron’s TRX fell to a late intraday low $0.06070 before making a move.
Steering clear of the first major support level at $0.05974, Tron’s TRX rallied to a final hour intraday high $0.06526 before easing back.
Tron’s TRX broke through the first major resistance level at $0.06435 to end the day at $0.0648 levels.
At the time of writing, Tron’s TRX was up by 0.21% to $0.06500. A mixed start to the day saw Tron’s TRX rise to an early morning high $0.06528 before falling to a low $0.06406.
Tron’s TRX left the major support and resistance levels untested early on.