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 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.