EOS, Stellar’s Lumen, and Tron’s TRX – Daily Analysis – September 9th, 2021


For the day ahead

Stellar’s Lumen would need to avoid the $0.3260 pivot to bring the 23.6% FIB of $0.3402 and the first major resistance level at $0.3472 into play.

Support from the broader market would be needed, however, for Stellar’s Lumen to break back through to $0.34 levels.

Barring an extended rally, the first major resistance level and resistance at $0.35 would likely cap the upside.

In the event of a broad-based crypto rally, Stellar’s Lumen could test the second major resistance level at $0.3644 before any pullback.

A fall through the $0.3260 pivot would bring the first major support level at $0.3088 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 $0.2876.

Looking at the Technical Indicators

First Major Support Level: $0.3088

First Major Resistance Level: $0.3472

23.6% FIB Retracement Level: $0.

38% FIB Retracement Level: $0.4277

62% FIB Retracement Level: $0.5690

Tron’s TRX

Tron’s TRX rallied by 8.01% on Wednesday. Partially reversing a 17.38% slide from Tuesday, Tron’s TRX ended the day at $0.09262.

A mixed start to the day saw Tron’s TRX fall to a late morning intraday low $0.08315 before making a move.

Steering clear of the 23.6% FIB of $0.07870 and the first major support level at $0.07300, Tron’s TRX rose to a mid-day intraday high $0.09702.

Falling short of the 38.2% FIB of $0.09890 and the first major resistance level at $0.10246, Tron’s TRX eased back to end the day at sub-$0.093 levels.

At the time of writing, Tron’s TRX was down by 0.15% to $0.09248. A mixed start to the day saw Tron’s TRX rise to an early morning high $0.09340 before falling to a low $0.09196.

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