For the day ahead
Stellar’s Lumen would need to move back through to $0.038 levels to support a run at the first major resistance level to $0.03848.
Support from the broader market would be needed, however, for Stellar’s Lumen to break out from Tuesday’s high $0.038231.
Barring an extended crypto rally, the first major resistance level would likely cap any upside.
Failure to move through to $0.038 levels could see Stellar’s Lumen give up the morning gains.
A fall back through the morning low to sub-$0.037 levels would bring the first major support level at $0.03568 into play.
Barring an extended crypto sell-off, however, Stellar’s Lumen should steer clear of sub-$0.035 levels.
Looking at the Technical Indicators
Major Support Level: $0.03568
Major Resistance Level: $0.03848
23.6% FIB Retracement Level: $0.1051
38% FIB Retracement Level: $0.1433
62% FIB Retracement Level: $0.2050
Tron’s TRX rose by 4.43% on Tuesday. Partially reversing a 6.07% slide from Monday, Tron’s TRX ended the day at $0.010082.
A bullish start to the day saw Tron’s TRX rally from an early morning intraday low $0.009566 to a mid-morning intraday high $0.010425.
Falling short of the first major resistance level at $0.01050, Tron’s TRX fell back to sub-$0.010 levels before finding support.
Tron’s TRX recovered to $0.01030 levels before a final hour pullback. In spite of the pullback, Tron’s TRX managed to hold onto $0.010 levels.
At the time of writing, Tron’s TRX was up by 1.63% to $0.010246. A mixed start to the day saw Tron’s TRX fall to an early morning low $0.010022 before striking a high $0.010246.
Tron’s TRX left the major support and resistance levels untested early on.