On October 23, XLM bounced slightly after falling 4.57% the previous day, trading near $0.177 after briefly reaching $0.179. The move recovered only a small portion of its October losses, with the price remaining below the highs of previous rebounds. Buyers will need to defend the $0.174–$0.175 range, below which the recent lows of $0.171–$0.172 could come under pressure. A move above $0.181 and then the $0.184–$0.187 area would be needed to reverse the trend, while longer-term moving averages clustered between $0.188 and $0.192 present an additional obstacle.
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