For the day ahead
Stellar’s Lumen would need to move back through the morning high $0.037675 to support a run at the first major resistance level to $0.03836.
Support from the broader market would be needed, however, for Stellar’s Lumen to break out from Wednesday’s high $0.037942.
Barring an extended crypto rally, the first major resistance level would likely cap any upside.
Failure to move through the morning high could see Stellar’s Lumen hit reverse
A fall back through the morning low $0.036911 to sub-$0.03660 levels would bring the first major support level at $0.03515 into play.
Barring an extended crypto sell-off, however, Stellar’s Lumen should steer clear of sub-$0.034 support levels.
Looking at the Technical Indicators
Major Support Level: $0.03515
Major Resistance Level: $0.03836
23.6% FIB Retracement Level: $0.1051
38% FIB Retracement Level: $0.1433
62% FIB Retracement Level: $0.2050
Tron’s TRX rose by 1.00% on Wednesday. Following on from a 4.43% rally on Tuesday, Tron’s TRX ended the day at $0.010222.
A mixed start to the day saw Tron’s TRX rise to an early morning high $0.010246 before hitting reverse.
Falling short of the major resistance levels, Tron’s TRX slid to an early afternoon intraday low $0.009671.
Finding support at the first major support level at $0.00962, Tron’s TRX struck an early afternoon intraday high $0.010306.
Coming up short of the first major resistance level at $0.010480, Tron’s TRX fell back to sub-$0.010 levels before finding late support.
The late recovery delivered the upside on the day.
At the time of writing, Tron’s TRX was up by 0.26% to $0.010248. A mixed start to the day saw Tron’s TRX rise to an early morning high $0.010371 before falling to a low $0.010132.
Tron’s TRX left the major support and resistance levels untested early on.