For the day ahead<\/p>\n
Stellars Lumen would need to avoid a fall through the $0.10545 pivot to support a run at the first major resistance level at $0.10891.<\/p>\n
Support from the broader market would be needed, however, for Stellars Lumen to break back through to $0.1080 levels.<\/p>\n
Barring a broad-based crypto rally, the first major resistance level would likely limit any upside.<\/p>\n
Failure to avoid a fall through the $0.10545 pivot would bring the first major support level at $0.10176 into play.<\/p>\n
Barring another extended crypto sell-off, however, Stellars Lumen should steer of sub-$0.10 levels and the second major support level at $0.09830.<\/p>\n
First Major Support Level: $0.10176<\/p>\n
First Major Resistance Level: $0.10891<\/p>\n
23.6% FIB Retracement Level: $0.09960<\/p>\n
38% FIB Retracement Level: $0.14336518<\/p>\n
62% FIB Retracement Level: $0.2050<\/p>\n
Trons TRX rallied by 4.72% on Monday. Partially reversing a 7.24% slide from Sunday, Trons TRX ended the day at $0.019895.<\/p>\n
Tracking the broader market, Trons TRX dipped to an early morning intraday low $0.018847 before making a move.<\/p>\n
Steering clear of the first major support level at $0.01746, Trons TRX rallied to a late afternoon intraday high $0.020083.<\/p>\n
Falling short of the first major resistance level at $0.02090, Trons TRX fell back to sub-$0.020 levels before finding support.<\/p>\n
Late in the day, Trons TRX recovered to $0.01989 levels to deliver the upside on the day.<\/p>\n
At the time of writing, Trons TRX was up by 1.53% to $0.02020. A bullish start to the day saw Trons TRX rise from an early morning low $0.019914 to a high $0.02020.<\/p>\n
Trons TRX left the major support and resistance levels untested early on.<\/p>\n
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Litecoin, Stellar's Lumen, and Tron's TRX - Daily Analysis August 4th, 2020 - FX Empire<\/a><\/p>\n","protected":false},"excerpt":{"rendered":" For the day ahead Stellars Lumen would need to avoid a fall through the $0.10545 pivot to support a run at the first major resistance level at $0.10891. Support from the broader market would be needed, however, for Stellars Lumen to break back through to $0.1080 levels. Barring a broad-based crypto rally, the first major resistance level would likely limit any upside. Continue reading