For the day ahead
Stellar’s Lumen would need to avoid a fall through the $0.07280 pivot to support a run at the first major resistance level at $0.07526.
Support from the broader market would be needed, however, for Stellar’s Lumen to break out from Tuesday’s high $0.074290.
Barring another broad-based crypto rally, the first major resistance level at $0.07526 would likely limit any upside.
Failure to avoid a fall through the $0.07280 pivot could see Stellar’s Lumen struggle throughout the day.
A pullback through to sub-$0.072 levels would bring the first major support level at $0.07128 into play.
Barring an extended crypto sell-off, however, Stellar’s Lumen should steer clear of sub-$0.070 levels. The second major support level sits at $0.06881.
Looking at the Technical Indicators
Major Support Level: $0.07128
Major Resistance Level: $0.07526
23.6% FIB Retracement Level: $0.1051
38% FIB Retracement Level: $0.14336518
62% FIB Retracement Level: $0.2050
Tron’s TRX slid by 4.81% on Tuesday. Reversing most of Monday’s 6.53% rally, Tron’s TRX ended the day at $0.01726.
It was a mixed start to the day. Tron’s TRX rallied to an early morning intraday high $0.018150 before hitting reverse.
Falling short of the first major resistance level at $0.018520, Tron’s TRX slid to a late intraday low $0.017111.
Tron’s TRX fell through the first major resistance level at $0.01732 before finding support. A move back through to $0.01720 levels reduced the deficit on the day.
At the time of writing, Tron’s TRX was down by 1.41% to $0.017018. A bearish start to the day saw Tron’s TRX fall from an early morning high $0.017146 to a low $0.016865.
Tron’s TRX tested the first major support level at $0.01686 early on.