Litecoin, Stellar’s Lumen, and Tron’s TRX – Daily Analysis July 27th, 2020 – FX Empire

For the day ahead

Stellars Lumen would need to move through the $0.10096 pivot to support a run at the first major resistance level at $0.10419.

Support from the broader market would be needed, however, for Stellars Lumen to break out from $0.1010 levels.

Barring a broad-based crypto rally, the first major resistance level and Sundays high $0.10580 would likely limit any upside.

Failure to move through the $0.10096 pivot would bring the first major support level at $0.09611 into play.

Barring an extended crypto sell-off, however, Stellars Lumen should steer well clear of second major support level sits at $0.09288.

First Major Support Level: $0.09611

First Major Resistance Level: $0.10419

23.6% FIB Retracement Level: $0.1051

38% FIB Retracement Level: $0.14336518

62% FIB Retracement Level: $0.2050

Trons TRX fell by 0.99% on Sunday. Partially reversing a 3.98% gain from Saturday, Trons TRX ended the week up by 5.73% to $0.018585.

It was a mixed start to the day. Trons TRX fell to an early morning low $0.018557 before striking a late morning intraday high $0.019392.

Trons TRX broke through the first major resistance level at $0.01908 and the second major resistance level at $0.01936.

A late morning sell-off, however, saw Trons TRX slide to a mid-day intraday low $0.018339.

Steering clear of the first major support level at $0.01828, Trons TRX revisited $0.01870 levels before easing back.

At the time of writing, Trons TRX was up by 0.51% to $0.018680. A mixed start to the day saw Trons TRX fall to an early morning low $0.018557 before rising to a high $0.018714.

Trons TRX left the major support and resistance levels untested early on.

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Litecoin, Stellar's Lumen, and Tron's TRX - Daily Analysis July 27th, 2020 - FX Empire

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