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

For the day ahead

Stellar’s Lumen would need to avoid a fall through the $0.06370 pivot to support a run at the first major resistance level at $0.06544.

Support from the broader market would be needed, however, for Stellar’s Lumen to break out from Sunday’s high $0.06506.

Barring another broad-based crypto rally, the first major resistance level and Sunday’s high would likely limit any upside.

Failure to avoid a fall through the $0.06370 pivot could see Stellar’s Lumen struggle later in the day.

A fall back through to sub-$0.064 levels would bring the first major support level at $0.06226 into play.

Barring another extended crypto sell-off, however, Stellar’s Lumen should steer clear of sub-$0.060 levels. The second major support level at $0.06047 should limit any downside on the day.

Looking at the Technical Indicators

Major Support Level: $0.06226

Major Resistance Level: $0.06544

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 rose by 1.94% on Sunday. Reversing a 1.97% loss from Saturday, Tron’s TRX ended the week down by 0.78% to $0.015729.

A bearish start to the day saw Tron’s TRX fall to an early intraday low $0.015326 before making a move.

Steering clear of the first major support level at $0.01494, Tron’s TRX rallied to a late intraday high $0.015961.

Falling short of the first major resistance level at $0.01604, Tron’s TRX fell back to $0.01570 levels late in the day.

At the time of writing, Tron’s TRX was up by 0.95% to $0.015878. A bullish start to the day saw Tron’s TRX rise from an early morning low $0.015786 to a high $0.016053.

Tron’s TRX tested the first major resistance level at $0.01602 early on.

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Any tought ?