For the day ahead
Stellar’s Lumen would need to move through the $0.09655 pivot to support a run at the first major resistance level at $0.09824.
Support from the broader market would be needed, however, for Stellar’s Lumen to break back through to $0.098 levels.
Barring a broad-based crypto rally, the first major resistance level would likely limit any upside.
Failure to move through the $0.09655 pivot would bring the first major support level at $0.09351 into play.
Barring another extended crypto sell-off, however, Stellar’s Lumen should steer well clear of the second major support level at $0.09182.
Looking at the Technical Indicators
First Major Support Level: $0.09351
First Major Resistance Level: $0.09824
23.6% FIB Retracement Level: $0.09960
38% FIB Retracement Level: $0.14336518
62% FIB Retracement Level: $0.2050
Tron’s TRX
Tron’s TRX slipped by 0.12% on Wednesday. Following a 2.26% gain on Tuesday, Tron’s TRX ended the day at $0.019224.
A bearish start saw Tron’s TRX fall to an early morning intraday low $0.018989 before making a move.
Steering clear of the first major support level at $0.01844, Tron’s TRX rallied to an early morning intraday high $0.019990.
Tron’s TRX broke through the first major resistance level at $0.01971 before falling back to $0.01910 levels.
Finding late support, however, Tron’s TRX revisited $0.0195 levels before sliding to $0.0192 levels and into the red.
At the time of writing, Tron’s TRX was down by 0.50% to $0.019128. A bearish start to the day saw Tron’s TRX fall to an early morning low $0.018829 before rising to a high $0.019169.
Tron’s TRX left the major support and resistance levels untested early on.