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

For the day ahead

Stellar’s Lumen would need to move back through to $0.4650 levels to support a run at the first major resistance level at $0.04700.

Support from the broader market would be needed, however, for Stellar’s Lumen to break out from the morning high $0.046514.

Barring a broad-based crypto rally, however, the first major resistance level at $0.04700 levels would likely pin Stellar’s Lumen back on the day.

Failure to move through to $0.04650 levels could see Stellar’s Lumen slide deeper into the red.

A fall through the morning low $0.046119 would bring the first major support level at $0.04593 into play.

Barring a crypto meltdown, however, Stellar’s Lumen should steer clear of sub-$0.04500 levels. The second major support level at $0.04536 should limit any downside on the day.

Looking at the Technical Indicators

Major Support Level: $0.04593

Major Resistance Level: $0.04700

23.6% FIB Retracement Level: $0.1051

38% FIB Retracement Level: $0.1433

62% FIB Retracement Level: $0.2050

Tron’s TRX

Tron’s TRX rallied by 2.63% on Sunday. Following on from a 1.43% gain on Saturday, Tron’s TRX ended the week down by 7.88% to $0.013812.

A bearish start to the day saw Tron’s TRX fall to an early morning intraday low $0.01340 before making a move.

Steering clear of the first major support level at $0.01328, Tron’s TRX rallied to a late intraday high $0.013895.

Tron’s TRX broke through the first major resistance level at $0.013770 to wrap up the day at $0.0138 levels.

It was the 6th consecutive day, however, that Tron’s TRX fell short of $0.0140 levels.

At the time of writing, Tron’s TRX was up by 0.02% to $0.013815. A mixed start to the day saw Tron’s TRX fall to an early morning low $0.013641 before striking a high $0.013838.

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