For the day ahead
Stellar’s Lumen would need to avoid a fall back through the $0.3325 pivot to bring the first major resistance level at $0.3449 into play.
Support from the broader market would be needed, however, for Stellar’s Lumen to break out from the 23.6% FIB of $0.3402.
Barring an extended rally, the first major resistance level and Tuesday’s high $0.3448 would likely cap the upside.
In the event of a broad-based crypto rally, Stellar’s Lumen could test resistance at $0.36 levels before any pullback. The second major resistance level sits at $0.3573.
A fall back through the $0.3325 pivot would bring the first major support level at $0.3201 into play.
Barring another extended sell-off on the day, Stellar’s Lumen should steer clear of sub-$0.30 levels. The second major support level at $0.3077 should limit the downside.
Looking at the Technical Indicators
First Major Support Level: $0.3201
First Major Resistance Level: $0.3449
23.6% FIB Retracement Level: $0.3402
38% FIB Retracement Level: $0.4277
62% FIB Retracement Level: $0.5690
Tron’s TRX fell by 1.42% on Tuesday. Following a 0.77% loss on Monday, Tron’s TRX ended the day at $0.09577.
A mixed start to the day saw Tron’s TRX rise to an early morning intraday high $0.09716 before hitting reverse.
Falling short of the 38.2% FIB of $0.09890 and the first major resistance level at $0.1007, Tron’s TRX slid to a late morning intraday low $0.09129.
Tron’s TRX fell through the first major support level at $0.09415 before a partial recovery to end the day at $0.095 levels.
At the time of writing, Tron’s TRX was up by 0.34% to $0.09610. A mixed start to the day saw Tron’s TRX fall to an early morning low $0.09488 before rising to a high $0.09610.
Tron’s TRX left the major support and resistance levels untested early on.