$XLM surged 644% since Nov. 4, marking a parabolic breakout.

The $0.45-$0.48 range serves as key support and resistance.

Overbought RSI suggests possible retracement to lower Fibonacci levels.

Stellar (XLM) has seen a remarkable 644% rally, breaking out of a prolonged corrective phase and surging to a peak of $0.64 on Nov. 24.

While momentum remains strong, overbought Relative Strength Index (RSI) levels and a parabolic rise indicate the potential for consolidation or retracement, with the $0.45-$0.48 zone acting as a critical pivot area.

Credit : CCN

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