EOS, Stellar’s Lumen, and Tron’s TRX – Daily Analysis – September 21st, 2021


For the day ahead

Stellar’s Lumen would need to move through the $0.2892 pivot to bring the first major resistance level at $0.3077 into play.

Support from the broader market would be needed, however, for Stellar’s Lumen to break back through to $0.30 levels.

Barring an extended rally, the first major resistance level would likely cap the upside.

In the event of a broad-based crypto rally, Stellar’s Lumen could test resistance at $0.32 levels. The second major resistance level sits at $0.3331.

Failure to move through the $0.2892 pivot would bring the first major support level at $0.2638 into play.

Barring another extended sell-off on the day, Stellar’s Lumen should steer clear of sub-$0.25 levels. The second major support level sits at $0.2453.

Looking at the Technical Indicators

First Major Support Level: $0.2638

First Major Resistance Level: $0.3077

23.6% FIB Retracement Level: $0.

38% FIB Retracement Level: $0.4277

62% FIB Retracement Level: $0.5690

Tron’s TRX

Tron’s TRX tumbled by 11.50% on Monday. Following a 2.17% loss on Sunday, Tron’s TRX ended the day at $0.09160.

A mixed start to the day saw Tron’s TRX rise to an early morning intraday high $0.1041 before hitting reverse.

Falling short of the first major resistance level at $0.1066, Tron’s TRX fell to a mid-day intraday low $0.08929.

The sell-off saw Tron’s TRX fall through the day’s major support levels.

More significantly, Tron’s TRX also fell through the 38.2% FIB of $0.09890 to end the day at $0.091 levels.

At the time of writing, Tron’s TRX was down by 4.13% to $0.08782. A mixed start to the day saw Tron’s TRX rise to an early morning high $0.09160 before falling to a low $0.08648.

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



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