EOS, Stellar’s Lumen, and Tron’s TRX – Daily Analysis – October 4th, 2021


For the day ahead

Stellar’s Lumen would need to move through the $0.3166 pivot to bring the first major resistance level at $0.3214 into play.

Support from the broader market would be needed, however, for Stellar’s Lumen to break back through to $0.32 levels.

Barring an extended rally, the first major resistance level and Sunday’s high $0.3230 would likely cap the upside.

In the event of a broad-based crypto rally, Stellar’s Lumen could test resistance at $0.33 levels before any pullback. The second major resistance level sits at $0.3279.

Failure to move through the $0.3166 pivot would bring the first major support level at $0.3101 into play.

Barring another extended sell-off on the day, Stellar’s Lumen should steer clear of sub-$0.30 levels. The second major support level at $0.3053 should limit the downside.

Looking at the Technical Indicators

First Major Support Level: $0.3101

First Major Resistance Level: $0.3214

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 rose by 2.20% on Sunday. Reversing a 1.49% fall from Saturday, Tron’s TRX ended the week up by 8.39% to $0.09550.

A bearish start to the day saw Tron’s TRX fall to an early morning intraday low $0.09249 before making a move.

Steering clear of the first major support level at $0.09168, Tron’s TRX rallied to an early afternoon intraday high $0.09716.

Tron’s TRX broke through the first major resistance level at $0.09575 before briefly falling back to sub-$0.094 levels.

Finding late support, however, Tron’s TRX ended the day at $0.0955 levels. The first major resistance level at $0.09575 pinned Tron’s TRX back late in the day.

At the time of writing, Tron’s TRX was down by 0.82% to $0.09472. A mixed start to the day saw Tron’s TRX rise to an early morning high $0.09554 before falling to a low $0.09429

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



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