EOS, Stellar’s Lumen, and Tron’s TRX – Daily Analysis – July 21st, 2021


For the day ahead

Stellar’s Lumen would need to move back through the $0.2088 pivot to bring the first major resistance level at $0.2186 into play.

Support from the broader market would be needed, however, for Stellar’s Lumen to move back through to $0.21 levels.

Barring an extended rally, the first major resistance level and resistance at $0.22 would likely cap any upside.

In the event of a broad-based crypto rally, Stellar’s Lumen could test resistance at $0.23 before any pullback. The second major resistance level sits at $0.2252.

Failure to move back through the $0.2088 pivot would bring the first major support level at $0.2022 into play.

Barring another extended sell-off on the day, Stellar’s Lumen should steer clear of the second major support level at $0.1924.

Looking at the Technical Indicators

First Major Support Level: $0.2022

First Major Resistance Level: $0.2186

23.6% FIB Retracement Level: $0.3402

38% FIB Retracement Level: $0.4277

62% FIB Retracement Level: $0.5690

Tron’s TRX

Tron’s TRX slid by 5.61% on Tuesday. Following a 4.65% loss on Monday, Tron’s TRX ended the day at $0.05035.

A mixed start to the day saw Tron’s TRX rise to an early morning intraday high $0.05450 before hitting reverse.

Falling short of the first major resistance level at $0.05544, Tron’s TRX slid to a late morning intraday low $0.04894.

Tron’s TRX fell through the first major support level at $0.05220 and the second major support level at $0.05105.

Steering clear of sub-$0.48 levels, however, Tron’s TRX briefly moved back through the second major support level before ending the day at sub-$0.051 levels.

At the time of writing, Tron’s TRX was down by 0.76% to $0.04997. A mixed start to the day saw Tron’s TRX rise to an early morning high $0.05078 before falling to a low $0.04968.

Tron’s TRX left the major support and resistance levels untested early on.



News Source

جواب چھوڑ دیں

براہ مہربانی اپنی رائے درج کریں!
اپنا نام یہاں درج کریں