For the day ahead
Stellar’s Lumen would need to a fall through the $0.09029 pivot to support a run at the first major resistance level at $0.09482.
Support from the broader market would be needed, however, for Stellar’s Lumen to break out from the morning high $0.094048.
Barring another broad-based crypto rally, the first major resistance level at $0.09482 would likely limit any upside.
Failure to avoid a fall through the $0.09029 pivot would bring the first major support level at $0.08782 into play.
Barring an extended crypto sell-off, however, Stellar’s Lumen should avoid sub-$0.080 levels. The second major support level at $0.08329 should limit any downside.
Looking at the Technical Indicators
Major Support Level: $0.08782
Major Resistance Level: $0.09482
23.6% FIB Retracement Level: $0.1051
38% FIB Retracement Level: $0.14336518
62% FIB Retracement Level: $0.2050
Tron’s TRX
Tron’s TRX rose by 0.85% on Tuesday. Following a 3.46% slide from Monday, Tron’s TRX ended the day at $0.017685.
It was also a bearish start to the day. Tron’s TRX fell to an early morning intraday low $0.017145 before finding support.
Steering clear of the first major support level at $0.01693, Tron’s TRX struck a late intraday high $0.017754.
Coming up short of the first major resistance level at $0.01834, slipped back to sub-$0.0177 levels.
At the time of writing, Tron’s TRX was up by 0.45% to $0.017742. A bullish start to the day saw Tron’s TRX rise from an early morning low $0.017702 to a high $0.017742.
Tron’s TRX left the major support and resistance levels untested early on.