For the day ahead
Stellar’s Lumen would need to move through to $0.0730 levels to bring the second major resistance level at $0.07456 into play.
Support from the broader market would be needed, however, for Stellar’s Lumen to break out from Wednesday’s high $0.073217.
Barring an extended crypto rally, the first major resistance level at $0.07219 and resistance at $0.073 would likely limit any upside on the day.
Failure to move through to $0.0730 levels could see Stellar’s Lumen hit reverse.
A fall through to sub-$0.07085 levels would bring the first major support level at $0.06848 into play.
Barring an extended crypto sell-off, however, Stellar’s Lumen should steer clear of the second major support level at $0.06713.
Looking at the Technical Indicators
Major Support Level: $0.06848
Major Resistance Level: $0.07219
23.6% FIB Retracement Level: $0.1051
38% FIB Retracement Level: $0.1433
62% FIB Retracement Level: $0.2050
Tron’s TRX fell by 2.21% on Wednesday. Following on from a 2.56 slide on Tuesday, Tron’s TRX ended the day at $0.015529.
A bearish start to the day saw Tron’s TRX slide to an early morning low $0.015603 before making a move.
Steering clear of the major support levels, Tron’s TRX rallied to a late morning intraday high $0.016298.
Falling short of the first major resistance level at $0.01647, Tron’s TRX slid to a final hour intraday low $0.015529.
The first major support level at $0.015520 limited the downside at the day end.
At the time of writing, Tron’s TRX was up by 2.13% to $0.015860. A mixed start to the day saw Tron’s TRX fall to an early morning low $0.01540 before striking a high $0.015878.
Tron’s TRX left the major support and resistance levels untested early on.