For the next day
Stellar’s lumen would have to move through the $ 0.3394 pivot and the $ 0.3402 23.6% FIB to bring the first major resistance level into play at $ 0.3497.
However, in order for Stellar’s Lumen to break out of $ 0.3450, it would require support from the broader market.
Without a prolonged rally, the first major resistance level and Sunday’s high of $ 0.3579 would likely limit the upside.
In the event of a large-scale crypto rally, Stellar’s Lumen could test resistance at $ 0.38 before pulling back. The second major resistance level is at $ 0.3682.
If the $ 0.3394 pivot and the 23.6% FIB of $ 0.3402 are not broken, the first major support level at $ 0.3209 would come into play.
Aside from another lengthy sell-off that day, Stellar’s Lumen should stay well below $ 0.30. The second major support level at $ 0.3106 should limit the downside.
Look at the technical indicators
First major support level: $ 0.3209
First major resistance level: $ 0.3497
23.6% FIB Retracement Level: $ 0.3402
38% FIB Retracement Level: $ 0.4277
62% FIB Retracement Level: $ 0.5690
Tron’s TRX fell 4.76% on Sunday. Tron’s TRX partially reversed a 7.98% rally from Saturday, ending the week 2.51% to $ 0.09791.
A mixed start to the day caused Tron’s TRX to climb to an early morning intraday high of $ 0.1034 before hitting the setback.
Tron’s TRX fell below the first major resistance level of $ 0.1067 and slid to a late intraday low of $ 0.09681.
Tron’s TRX fell through the 38.2% FIB at $ 0.09890 and the first major support level at $ 0.09790 before ending the day at $ 0.0979.
At the time of writing, Tron’s TRX is down 0.26% to $ 0.09765. A mixed start to the day resulted in Tron’s TRX dropping to an early morning low of $ 0.09665 before rising to a high of $ 0.09823.
Tron’s TRX left key support and resistance levels untested early on.
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