Litecoin, Stellar’s Lumen, and Tron’s TRX

Fibo Quantum

For the day ahead

Stellar’s Lumen would need to move through the $0.09850 pivot to support a run at the first major resistance level at $0.10193.

Support from the broader market would be needed, however, for Stellar’s Lumen to break back through to $0.10 levels.

Barring a broad-based crypto rally, the first major resistance level would like cap any upside.

Failure to move through the $0.09850 pivot would bring the first major support level at $0.09385 into play.

Barring an extended crypto sell-off, however, Stellar’s Lumen should steer well clear of the second major support level at $0.09042. The 23.6% FIB of $0.09280 should limit any downside on the day.

Looking at the Technical Indicators

First Major Support Level: $0.0.09385

First Major Resistance Level: $0.10193

23.6% FIB Retracement Level: $0.09280

38% FIB Retracement Level: $0.1333

62% FIB Retracement Level: $0.1989

Tron’s TRX

Tron’s TRX tumbled by 8.54% on Tuesday. Reversing a 3.34% gain from Monday, Tron’s TRX ended the day at $0.022998.

A bullish start to the day saw Tron’s TRX rise to an early morning intraday high $0.02555 before hitting reverse.

Falling short of the first major resistance level at $0.02602, Tron’s TRX slid to a late afternoon intraday low $0.022114.

Tron’s TRX fell through the first major support level at $0.02407 and the second major support level at $0.02296.

Finding late support, Tron’s TRX moved back through the second major support level to $0.0234 levels before easing back.

At the time of writing, Tron’s TRX was up by 0.73% to $0.02316. A mixed start to the day saw Tron’s TRX fall to an early morning low $0.022735 before rising to a high $0.023434.

Tron’s TRX left the major support and resistance levels untested early on.