Stellar (XLM) price has been battling selling pressure but is showing signs of a potential recovery, with recent price action indicating buyers are stepping in.
The Relative Strength Index (RSI) is above neutral at 52.72, signaling a shift towards bullish momentum and a potential mid-term trend reversal for XLM.
Key resistance levels for Stellar price include $0.27 and $0.30, with a short-term target of $0.34 if current daily moves persist.
To sustain this recovery, Stellar needs to close above $0.27–$0.30 with strong volume, maintain RSI above 55, and watch for broader market sentiment trends.