Giannis Andreou’s Stellar Lumens (XLM) Scenario Sets $0.2254 and $0.45-$0.50 Hurdles

Analyst Giannis Andreou’s weekly chart scenario identifies $0.2254 as the first resistance level for Stellar Lumens (XLM), followed by a $0.45-to-$0.50 zone, with any route toward $0.80 conditional on a trendline breakout. Andreou’s scenario places rising support between $0.16 and $0.17. In Andreou’s scenario, a recovery faces two hurdles: $0.2254 and a sharper downward trendline. The analysis identifies $0.45 to $0.50 as the next major resistance zone. A move toward $0.80 is conditional: XLM would need to turn the descending trendline into support. XLM is the native token of the Stellar blockchain.

Source: TokenPost