For the day ahead
Stellar’s Lumen would need to avoid the $0.3263 pivot to bring the first major resistance level at $0.3365 into play.
Support from the broader market would be needed, however, for Stellar’s Lumen to break out from this morning’s high $0.3351.
Barring an extended rally, the first major resistance level would likely cap the upside.
In the event of a broad-based crypto rally, Stellar’s Lumen could test resistance at the 23.6% FIB of $0.3402. The second major resistance level sits at $0.3415.
A fall through the $0.3263 pivot would bring the first major support level at $0.3213 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 $0.3111 should limit the downside.
Looking at the Technical Indicators
First Major Support Level: $0.3213
First Major Resistance Level: $0.3365
23.6% FIB Retracement Level: $0.
38% FIB Retracement Level: $0.4277
62% FIB Retracement Level: $0.5690
Tron’s TRX surged by 12.88% on Tuesday. Reversing a 6.68% slide from Monday, Tron’s TRX ended the day at $0.1183.
A mixed start to the day saw Tron’s TRX fall to an early morning intraday low $0.1040 before making a move.
Tron’s TRX steered clear of the 38.2% FIB of $0.09890 and the first major support level at $0.09653.
Finding early support, Tron’s TRX rallied to a late morning intraday high $0.1206 before easing back.
Tron’s TRX broke through the first major resistance level at $0.1152 to end the day at $0.118 levels.
At the time of writing, Tron’s TRX was down by 1.56% to $0.1164. A mixed start to the day saw Tron’s TRX rise to an early morning high $0.1189 before falling to a low $0.1160.
Tron’s TRX left the major support and resistance levels untested early on.