EOS, Stellar’s Lumen, and Tron’s TRX – Daily Analysis – October 25th, 2021


For the day ahead

Stellar’s Lumen would need to move through the $0.3751 pivot to bring the first major resistance level at $0.3837 into play.

Support from the broader market would be needed, however, for Stellar’s Lumen to break back through to $0.38 levels.

Barring an extended rally, the first major resistance level and Sunday’s high $0.3866 would likely cap the upside.

In the event of a broad-based crypto rally, Stellar’s Lumen could test resistance at $0.40 levels before any pullback. The second major resistance level sits at $0.3953.

Failure to move through the $0.3751 pivot would bring the first major support level at $0.3635 into play.

Barring an extended sell-off on the day, Stellar’s Lumen should steer clear of the 23.6% FIB of $0.3402. The second major support level at $0.3549 should limit the downside.

Looking at the Technical Indicators

First Major Support Level: $0.3635

First Major Resistance Level: $0.3837

23.6% FIB Retracement Level: $0.3402

38% FIB Retracement Level: $0.4277

62% FIB Retracement Level: $0.5690

Tron’s TRX

Tron’s TRX fell by 1.36% on Sunday. Reversing a 0.50% gain from Saturday, Tron’s TRX ended the week up by 0.16% to $0.09923.

A mixed start to the day saw Tron’s TRX rise to a late morning intraday high $0.1019 before hitting reverse.

Falling short of the first major resistance level at $0.1022, Tron’s TRX slid to a late afternoon intraday low $0.09687.

Tron’s TRX fell through the 38.2% FIB of $0.09890 and the first major support level at $0.09848.

Finding late support, however, Tron’s TRX broke back through the first major resistance level and the 38.2% FIB to end the day at $0.099 levels.

At the time of writing, Tron’s TRX was down by 0.39% to $0.09884. A mixed start to the day saw Tron’s TRX fall to an early morning low $0.09828 before rising to a high $0.09963.

Tron’s TRX left the major support and resistance levels untested early on.



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