For the day ahead
Stellar’s Lumen would need to avoid a fall through the $0.07116 pivot to support a run at the first major resistance level at $0.07283.
Support from the broader market would be needed, however, for Stellar’s Lumen to break out from Tuesday’s high $0.07225.
Barring a broad-based crypto rally, the first major resistance level would likely cap any upside on the day.
Failure to avoid a fall through the $0.07116 pivot level would bring the first major support level at $0.07008 into play.
Barring an extended crypto sell-off, however, Stellar’s Lumen should steer clear of the second major support level at $0.06841.
Looking at the Technical Indicators
First Major Support Level: $0.07008
First Major Resistance Level: $0.07283
23.6% FIB Retracement Level: $0.09280
38% FIB Retracement Level: $0.1333
62% FIB Retracement Level: $0.1989
Tron’s TRX
Tron’s TRX rose by 0.27% on Tuesday. Following Monday’s 7.76% slide, Tron’s TRX ended the day at $0.025072.
In the early hours, Tron’s TRX rose to an early morning intraday high $0.025584 before hitting reverse.
Falling short of the first major resistance level at $0.02682, Tron’s TRX slipped to a midday intraday low $0.024494.
Steering clear of the first major support level at $0.02373, Tron’s TRX revisited $0.0253 levels before easing back.
At the time of writing, Tron’s TRX was up by 0.20% to $0.025121. A bullish start to the day saw Tron’s TRX rise from an early morning low $0.02495 to a high $0.02529.
Tron’s TRX left the major support and resistance levels untested early on.