Stellar Price Eyes $0.80 as XLM Faces Two Major Ceilings

XLM trades near $0.1689 after falling from September highs above $0.23, with immediate support around 0.167–0.165. Analyst identifies $0.2254 as the first resistance, followed by a major 0.45–0.50 zone on the potential path toward $0.80. RSI remains below 50 and MACD is slightly bearish; a break below $0.165 could extend losses, while reclaiming $0.180 may improve momentum. Stellar’s XLM token is testing support near $0.17 as analyst Giannis Andreou outlines two resistance levels before a potential move toward $0.80. Andreou identified $0.2254 as the first hurdle, followed by macro resistance between $0.45 and $0.50.

Source: Crypto Front News