For the day ahead
Stellar’s Lumen would need to move back through the $0.3218 pivot to bring the first major resistance level at $0.3332 into play.
Support from the broader market would be needed, however, for Stellar’s Lumen to break back through to $0.33 levels.
Barring an extended rally, the first major resistance level and Monday’s high $0.3364 would likely cap the upside.
In the event of a broad-based crypto rally, Stellar’s Lumen could test resistance at the 23.6% FIB of $0.3402. The second major resistance level sits at $0.3479.
Failure to move back through the $0.3218 pivot would bring the first major support level at $0.3071 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 sits at $0.2957.
Looking at the Technical Indicators
First Major Support Level: $0.3071
First Major Resistance Level: $0.3332
23.6% FIB Retracement Level: $0.
38% FIB Retracement Level: $0.4277
62% FIB Retracement Level: $0.5690
Tron’s TRX slid by 6.68% on Monday. Partially reversing a 17.84% breakout from Sunday, Tron’s TRX ended the day at $0.1048.
A mixed start to the day saw Tron’s TRX rise to an early morning intraday high $0.1174 before hitting reverse.
Falling short of the first major resistance level at $0.1227, Tron’s TRX slid to an early afternoon intraday low $0.09869.
While steering clear of the first major support level at $0.09775, Tron’s TRX briefly fell through the 38.2% FIB of $0.09890.
Finding late support, however, Tron’s TRX broke back through the 38.2% FIB to end the day at $0.10 levels.
At the time of writing, Tron’s TRX was up by 0.47% to $0.1053. A mixed start to the day saw Tron’s TRX rise to an early morning high $0.1062 before falling to a low $0.1040.
Tron’s TRX left the major support and resistance levels untested early on.