Litecoin, Stellar’s Lumen, and Tron’s TRX

For the day ahead

Stellar’s Lumen would need to avoid a fall through the $0.09758 pivot to support a run at the first major resistance level at $0.09901.

Support from the broader market would be needed, however, for Stellar’s Lumen to break out from the morning high $0.098881.

Barring a broad-based crypto rally, the first major resistance level would like cap any upside.

Failure to avoid a fall through the $0.09758 pivot would bring the first major support level at $0.09678 into play.

Barring an extended crypto sell-off, however, Stellar’s Lumen should steer clear of sub-$0.096 levels. The second major support level sits at $0.09535.

Looking at the Technical Indicators

First Major Support Level: $0.09678

First Major Resistance Level: $0.9901

23.6% FIB Retracement Level: $0.09280

38% FIB Retracement Level: $0.1333

62% FIB Retracement Level: $0.1989

Tron’s TRX

Tron’s TRX rallied by 8.65% on Sunday. Following on from a 4.22% gain on Saturday, Tron’s TRX ended the week up by 11.05% to $0.027048.

It was a bullish day. Tron’s TRX rallied from an early morning intraday low $0.024865 to a late intraday high $0.02831.

Tron’s TRX broke through the first major resistance level at $0.02568 and the second major resistance level at $0.02646.

Coming up against the third major resistance level at $0.02831, Tron’s TRX fell back to sub-$0.02680 levels.

Avoiding a fall back through the second major resistance level, Tron’s TRX found support to end the day at $0.027 levels.

At the time of writing, Tron’s TRX was up by 0.22% to $0.027108. A bullish start to the day saw Tron’s TRX rise from an early morning low $0.026897 to a high $0.027553.

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

Read More: Litecoin, Stellar’s Lumen, and Tron’s TRX

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