For the day ahead
Stellar’s Lumen would need to move back through to $0.068 levels to support a run at the first major resistance level at $0.070160.
Support from the broader market would be needed, however, for Stellar’s Lumen to breakout from Monday’s high $0.068713.
Barring a broad-based crypto rebound, resistance at $0.068 would likely leave Stellar’s Lumen short of the first major resistance level.
Failure to move back through to $0.068 levels could see Stellar’s Lumen hit reverse.
A fall through to sub-$0.06580 levels would bring the first major support level at $0.06278 into play.
Barring a broad-based crypto sell-off, however, Stellar’s Lumen should steer clear of sub-$0.061 levels.
Looking at the Technical Indicators
Major Support Level: $0.06278
Major Resistance Level: $0.07016
23.6% FIB Retracement Level: $0.1051
38% FIB Retracement Level: $0.1433
62% FIB Retracement Level: $0.2050
Tron’s TRX rose by 1.39% on Monday. Following on from a 1.91% gain on Sunday, Tron’s TRX ended the day at $0.014506.
It was also a choppy day for Tron’s TRX. Recovering from a mid-morning low $0.014251, Tron’s TRX rallied to a late morning intraday high $0.014617.
Tron’s TRX broke through the first major resistance level at $0.01438 and the second major resistance level at $0.01451.
An early afternoon reversal saw Tron’s TRX fall to an intraday low $0.014192. Steering clear of the first major support level at $0.01399, Tron’s TRX bounced back to $0.0145 levels to end the day in the green.
At the time of writing, Tron’s TRX was down by 1.28% to $0.014320. A bearish start to the day saw Tron’s TRX fall from an early morning high $0.014471 to a low $0.014318.
Tron’s TRX left the major support and resistance levels untested early on.