For the day ahead
Stellar’s Lumen would need to move through to $0.4517 levels to support a run at the first major resistance level at $0.04565.
Support from the broader market would be needed, however, for Stellar’s Lumen to break out from the morning high $0.04508.
Barring a broad-based crypto rally, however, the resistance at $0.045 levels would likely pin Stellar’s Lumen back on the day.
Failure to move through to $0.04517 levels could see Stellar’s Lumen slide back into the red.
A fall through the morning low $0.044989 would bring the first major support level at $0.04461 into play.
Barring a crypto meltdown, however, Stellar’s Lumen should steer clear of the second major support level at $0.04413.
Looking at the Technical Indicators
Major Support Level: $0.04461
Major Resistance Level: $0.04565
23.6% FIB Retracement Level: $0.1051
38% FIB Retracement Level: $0.1433
62% FIB Retracement Level: $0.2050
Tron’s TRX fell by 1.15% on Tuesday. Following on from an 8.63% tumble on Monday, Tron’s TRX ended the day at $0.013646.
A mixed start to the day saw Tron’s TRX fall to an early morning low $0.013430 before striking an early afternoon intraday high $0.013856.
Falling well short of the first major resistance level at $0.01523, Tron’s TRX slid to a late afternoon intraday low $0.013202.
Steering clear of the first major support level at $0.01293, Tron’s TRX recovered to $0.01360 levels to limit the loss on the day.
At the time of writing, Tron’s TRX was down by 1.10% to $0.013496. A bearish start to the day saw Tron’s TRX fall from an early morning high $0.013601 to a low $0.013368.
Tron’s TRX left the major support and resistance levels untested early on.