For the day ahead
Stellar’s Lumen would need to move back through the morning high $0.040735 to support a run at the first major resistance level to $0.041050.
Support from the broader market would be needed, however, for Stellar’s Lumen to break out from Wednesday’s high $0.040952.
Barring a broad-based crypto rally, the first major resistance level at $0.04105 would likely limit any upside.
Failure to move through the morning high $0.040735 could see Stellar’s Lumen fall back into the red.
A fall back through the morning low to sub-$0.04020 levels would bring the first major support level at $0.03940 into play.
Barring an extended crypto sell-off, however, Stellar’s Lumen should steer clear of sub-$0.039 support levels.
Looking at the Technical Indicators
Major Support Level: $0.03940
Major Resistance Level: $0.04105
23.6% FIB Retracement Level: $0.1051
38% FIB Retracement Level: $0.1433
62% FIB Retracement Level: $0.2050
Tron’s TRX slipped by 0.39% on Wednesday. Partially reversing a 0.86% gain from Tuesday, Tron’s TRX ended the day at $0.011387.
A mixed start saw Tron’s TRX rise to a late morning intraday high $0.011479 before hitting reverse.
Falling short of the first major resistance level at $0.01180, Tron’s TRX fell to a late morning intraday low $0.011043.
Tron’s TRX fell through the first major support level at $0.01124 before recovering to $0.0113 levels.
Late in the day, Tron’s TRX fell back to $0.0111 levels before wrapping up the day at $0.0113 levels
At the time of writing, Tron’s TRX was up by 0.91% to $0.011491. A mixed start to the day saw Tron’s TRX rise to an early morning high $0.011550 before falling to a low $0.011387.
Tron’s TRX left the major support and resistance levels untested early on.