For the day ahead
Stellar’s Lumen would need to move through the 23.6% FIB of $0.3402 and the $0.3453 pivot to bring the first major resistance level at $0.4150 into play.
Support from the broader market would be needed, however, for Stellar’s Lumen to break back through to $0.40 levels.
Barring an extended rally, resistance at $0.35 would likely leave Stellar’s Lumen short of the first major resistance level.
In the event of a broad-based crypto rebound, Stellar’s Lumen could test resistance at 38.2% FIB of $0.4277 before any pullback. The second major resistance level sits at $0.4943.
Failure to move through the $0.3453 pivot would bring the first major support level at $0.2660 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 sits at $0.1963.
Looking at the Technical Indicators
First Major Support Level: $0.2660
First Major Resistance Level: $0.4150
23.6% FIB Retracement Level: $0.
38% FIB Retracement Level: $0.4277
62% FIB Retracement Level: $0.5690
Tron’s TRX slid by 17.38% on Tuesday. Following a 1.24% loss on Monday, Tron’s TRX ended the day at $0.08576.
A mixed start to the day saw Tron’s TRX rise to an early morning intraday high $0.1064 before hitting reverse.
Falling short of the first major resistance level at $0.1074, Tron’s TRX tumbled to a mid-afternoon intraday low $0.07694.
The sell-off saw Tron’s TRX fall through the day’s major support levels.
Tron’s TRX also fell through the 38.2% FIB of $0.09890 and the 23.6% FIB of $0.07870.
Finding late support, however, Tron’s TRX broke back through the 23.6% FIB to end the day at $0.085 levels.
At the time of writing, Tron’s TRX was up by 0.29% to $0.08601. A mixed start to the day saw Tron’s TRX fall to an early morning low $0.08386 before rising to a high $0.08651
Tron’s TRX left the major support and resistance levels untested early on.