For the day ahead
Stellar’s Lumen would need to move through the $0.09850 pivot to support a run at the first major resistance level at $0.10193.
Support from the broader market would be needed, however, for Stellar’s Lumen to break back through to $0.10 levels.
Barring a broad-based crypto rally, the first major resistance level would like cap any upside.
Failure to move through the $0.09850 pivot would bring the first major support level at $0.09385 into play.
Barring an extended crypto sell-off, however, Stellar’s Lumen should steer well clear of the second major support level at $0.09042. The 23.6% FIB of $0.09280 should limit any downside on the day.
Looking at the Technical Indicators
First Major Support Level: $0.0.09385
First Major Resistance Level: $0.10193
23.6% FIB Retracement Level: $0.09280
38% FIB Retracement Level: $0.1333
62% FIB Retracement Level: $0.1989
Tron’s TRX
Tron’s TRX tumbled by 8.54% on Tuesday. Reversing a 3.34% gain from Monday, Tron’s TRX ended the day at $0.022998.
A bullish start to the day saw Tron’s TRX rise to an early morning intraday high $0.02555 before hitting reverse.
Falling short of the first major resistance level at $0.02602, Tron’s TRX slid to a late afternoon intraday low $0.022114.
Tron’s TRX fell through the first major support level at $0.02407 and the second major support level at $0.02296.
Finding late support, Tron’s TRX moved back through the second major support level to $0.0234 levels before easing back.
At the time of writing, Tron’s TRX was up by 0.73% to $0.02316. A mixed start to the day saw Tron’s TRX fall to an early morning low $0.022735 before rising to a high $0.023434.
Tron’s TRX left the major support and resistance levels untested early on.