For the day ahead
Stellar’s Lumen would need to move back through to $0.07930 levels to bring the first major resistance level at $0.08443 into play.
Support from the broader market would be needed, however, for Stellar’s Lumen to break back through to $0.080 levels.
Barring another broad-based crypto rally, the first major resistance level would likely limit any upside.
Failure to move through to $0.07930 levels could see Stellar’s Lumen fall deeper into the red.
A fall through to sub-$0.077 levels would bring the first major support level at $0.07383 into play.
Barring an extended crypto sell-off, however, Stellar’s Lumen should steer clear of sub-$0.074 support levels.
Looking at the Technical Indicators
Major Support Level: $0.07383
Major Resistance Level: $0.08443
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 4.57% on Tuesday. Partially reversing a 7.97% rally from Monday, Tron’s TRX ended the day at $0.016313.
A bullish start to the day saw Tron’s TRX rally to an early afternoon intraday high $0.017501 before hitting reverse.
Coming up against the first major resistance level at $0.01752, Tron’s TRX slid to an early afternoon intraday low $0.015531.
Falling through the first major support level at $0.01618, Tron’s TRX found support at the second major support level at $0.01530.
Tron’s TRX broke back through the first major support level to wrap up the day at $0.01630 levels.
At the time of writing, Tron’s TRX was down by 0.57% to $0.016220. A bearish start to the day saw Tron’s TRX fall from an early morning high $0.016396 to a low $0.016115.
Tron’s TRX left the major support and resistance levels untested early on.