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

Fibo Quantum

For the day ahead

Stellar’s Lumen would need to move back through to $0.03795 levels to support a run at the first major resistance level to $0.03940.

Support from the broader market would be needed, however, for Stellar’s Lumen to break out from the morning high $0.037198.

Barring an extended crypto rally, the first major resistance level would likely cap any upside.

Failure to move through to $0.03795 levels could see Stellar’s Lumen hit reverse

A fall back through the morning low $0.036461 would bring the first major support level at $0.03539 into play.

Barring an extended crypto sell-off, however, Stellar’s Lumen should steer clear of sub-$0.035 support levels.

Looking at the Technical Indicators

Major Support Level: $0.03539

Major Resistance Level: $0.03940

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 tumbled by 8.39% on Sunday. Following a 0.22% gain from Saturday, Tron’s TRX ended the week up by 0.15% to $0.010280.

A bullish start to the day saw Tron’s TRX rise to a mid-morning intraday high $0.011600 before hitting reverse.

Falling short of the first major resistance level at $0.01173, Tron’s TRX slid to a final hour intraday low $0.010185.

Tron’s TRX fell through the first major support level at $0.01075 and the second major support level at $0.01023.

Finding support late on, Tron’s TRX broke back through the second major support level to cut the deficit on the day.

At the time of writing, Tron’s TRX was up by 1.22% to $0.010405. A mixed start to the day saw Tron’s TRX fall to an early morning low $0.010090.

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