For the day ahead
Stellar’s Lumen would need to avoid the $0.3486 pivot to bring the first major resistance level at $0.3612 into play.
Support from the broader market would be needed, however, for Stellar’s Lumen to break back through to $0.36 levels.
Barring an extended rally, the first major resistance level would likely cap any upside.
In the event of another broad-based crypto rally, Stellar’s Lumen could test resistance at $0.37 before any pullback. The second major resistance level sits at $0.3688.
A fall through the $0.3486 pivot would bring the first major support level at $0.3410 and the 23.6% FIB of $0.3402 into play.
Barring an extended sell-off on the day, Stellar’s Lumen should steer clear of sub-$0.3350 levels. The second major support level sits at $0.3284.
Looking at the Technical Indicators
First Major Support Level: $0.3410
First Major Resistance Level: $0.3612
23.6% FIB Retracement Level: $0.3402
38% FIB Retracement Level: $0.4277
62% FIB Retracement Level: $0.5690
Tron’s TRX rallied by 6.95% on Wednesday. Following a 2.47% gain on Tuesday, Tron’s TRX ended the day at $0.09478.
A mixed start to the day saw Tron’s TRX fall to an early morning intraday low $0.08702 before making a move.
Steering clear of the first major support level at $0.08519, Tron’s TRX rallied to a late intraday high $0.09573.
Tron’s TRX broke through the first major resistance level at $0.09160 and the second major resistance level at $0.09458 to end the day at $0.0947 levels.
At the time of writing, Tron’s TRX was up by 0.32% to $0.09508. A mixed start to the day saw Tron’s TRX fell to an early morning low $0.09286 before rising to a high $0.09865.
Tron’s TRX broke through the first major resistance level at $0.09800 early on before easing back.