XLM Analysis

* We always provide both the bullish and bearish scenarios because the traders should be aware of what to expect in both cases.

Stellar has fallen below the critical level $0.30, it found support from the 200-day SMA at $0.20 level. This level should be watched carefully because if the bears succeed to take Stellar below it, Stellar may fall to $0.15.

On the contrary, $0.30 level will likely provide stiff resistance. To go bullish XLM needs to go above $0.30 as well as the trendline.

Please be noted that I'm just giving the possible higher or lower levels developing according to the chart patterns. It's my own analysis. You should conduct your own research when making a decision.