Stellar (XLM) Technical Analysis: Bullish Trend and Opportunities 🚀

The Stellar (XLM) price is currently at $0.5356, with a clear “strong buy” recommendation on the 1D time frame. Key indicators such as the moving averages and the RSI point to an uptrend that could take XLM to levels close to $0.56 in the short term  .

🔑 Key Points:

• Support: $0.50, important level to maintain the stability of the trend.

• Resistance: $0.56, if overcome, we could see a stronger push.

📊 What to expect?

If XLM maintains its momentum and breaks the $0.56 resistance, we could see a continuation of its rally. However, any pullback near the $0.50 support would be a good buying opportunity.

💬 Are you watching XLM? How do you see its next move? Share your thoughts!

$XLM