For the day ahead
Stellar’s Lumen would need to move through to $0.07100 levels to bring the first major resistance level at $0.07274 into play.
Support from the broader market would be needed, however, for Stellar’s Lumen to break out from the morning high $0.070500.
Barring an extended crypto rally, resistance at $0.071 would likely leave Stellar’s Lumen short of the first major resistance level.
Failure to move through to $0.07100 levels could see Stellar’s Lumen hit reverse.
A fall through to sub-$0.06760 levels would bring the first major support level at $0.06482 into play.
Barring an extended crypto sell-off, however, Stellar’s Lumen should steer clear of sub-$0.060 levels on the day.
Looking at the Technical Indicators
Major Support Level: $0.064820
Major Resistance Level: $0.072740
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 3.23% on Tuesday. Reversing a 2.02% decline from Monday, Tron’s TRX ended the day at $0.014547.
A mixed start to the day saw Tron’s TRX fall to an early morning intraday low $0.013995 before making a move.
Steering clear of the first major support level at $0.01330, Tron’s TRX rallied to a late morning intraday high $0.014963.
Tron’s TRX broke through the first major resistance level at $0.01457 before sliding back to $0.01420 levels.
Finding late support from the broader market, however, Tron’s TRX moved back through to $0.0144 levels.
At the time of writing, Tron’s TRX was up by 1.63% to $0.014784. A bullish start to the day saw Tron’s TRX rise from an early morning low $0.014593 to a high $0.014784.
Tron’s TRX left the major support and resistance levels untested early on.
