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

Fibo Quantum

For the day ahead

Stellar’s Lumen would need to move back through to $0.072 levels to bring the first major resistance level at $0.075 into play.

Support from the broader market would be needed, however, for Stellar’s Lumen to break back through to $0.074 levels.

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

Failure to move back through to $0.072 levels could see Stellar’s Lumen hit reverse.

A fall through Sunday’s low $0.069143 would bring the first major support level at $0.06781 into play.

Barring an extended crypto sell-off, however, Stellar’s Lumen should steer well clear of the second major support level at $0.06488.

Looking at the Technical Indicators

Major Support Level: $0.06781

Major Resistance Level: $0.07500

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 slid by 2.99% on Sunday. Partially reversing a 9.26 rally from Saturday, Tron’s TRX ended the week up by 12.15% to $0.015889. The bullish week delivered a 4.11% gain for the month of May.

It was a mixed start to the day. Tron’s TRX fell to an early morning low $0.015950 before striking a midday intraday high $0.017202.

Tron’s TRX broke through the first major resistance level at $0.01685 before sliding to a final hour intraday low $0.015456

Steering clear of the first major support level at $0.01539, Tron’s TRX wrapped up the day at $0.01580 levels.

At the time of writing, Tron’s TRX was up by 0.14% to $0.015912. A mixed start to the day saw Tron’s TRX fall to an early morning low $0.015753 before striking a high $0.016010.

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