For the day ahead
Stellar’s Lumen would need to avoid a fall through the $0.10545 pivot to support a run at the first major resistance level at $0.10891.
Support from the broader market would be needed, however, for Stellar’s Lumen to break back through to $0.1080 levels.
Barring a broad-based crypto rally, the first major resistance level would likely limit any upside.
Failure to avoid a fall through the $0.10545 pivot would bring the first major support level at $0.10176 into play.
Barring another extended crypto sell-off, however, Stellar’s Lumen should steer of sub-$0.10 levels and the second major support level at $0.09830.
Looking at the Technical Indicators
First Major Support Level: $0.10176
First Major Resistance Level: $0.10891
23.6% FIB Retracement Level: $0.09960
38% FIB Retracement Level: $0.14336518
62% FIB Retracement Level: $0.2050
Tron’s TRX rallied by 4.72% on Monday. Partially reversing a 7.24% slide from Sunday, Tron’s TRX ended the day at $0.019895.
Tracking the broader market, Tron’s TRX dipped to an early morning intraday low $0.018847 before making a move.
Steering clear of the first major support level at $0.01746, Tron’s TRX rallied to a late afternoon intraday high $0.020083.
Falling short of the first major resistance level at $0.02090, Tron’s TRX fell back to sub-$0.020 levels before finding support.
Late in the day, Tron’s TRX recovered to $0.01989 levels to deliver the upside on the day.
At the time of writing, Tron’s TRX was up by 1.53% to $0.02020. A bullish start to the day saw Tron’s TRX rise from an early morning low $0.019914 to a high $0.02020.
Tron’s TRX left the major support and resistance levels untested early on.