For the day ahead
Stellar’s Lumen would need to move back through to $0.070 levels to bring the first major resistance level at $0.07032 into play.
Support from the broader market would be needed, however, for Stellar’s Lumen to break out from Tuesday’s high $0.070150.
Barring an extended crypto rally, the first major resistance level would likely limit any upside.
Failure to move through to $0.070 levels could see Stellar’s Lumen fall back into the red.
A fall through to sub-$0.06950 levels would bring the first major support level at $0.06890 into play.
Barring an extended crypto sell-off, however, Stellar’s Lumen should steer clear of sub-$0.068 support levels.
The second major support level at $0.06811 should limit any downside on the day.
Looking at the Technical Indicators
Major Support Level: $0.06890
Major Resistance Level: $0.07032
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 rallied by 2.29% on Tuesday. Following on from a 2.26% gain on Monday, Tron’s TRX ended the day at $0.015590.
A bearish start to the day saw Tron’s TRX slide to an early morning intraday low $0.015021 before making a move.
Finding support at the first major support level at $0.015050, Tron’s TRX rallied to a late intraday high $0.015474.
In spite of the breakout, Tron’s TRX came up short of the first major resistance level at $0.01562 on the day.
At the time of writing, Tron’s TRX was down by 1.55% to $0.015348. A bearish start to the day saw Tron’s TRX fall from an early morning high $0.015501 to a low $0.015300.
Tron’s TRX left the major support and resistance levels untested early on.