Stellar’s XLM fell about 9% from its Q3 high of $0.23 to a low of $0.21, but the altcoin defended its short-term support amid increased buying activity. The RSI indicator is above the neutral line and whale buying surged during the recent pullback, which could support a trend reversal. If XLM clears the resistance level at $0.23, this would represent a 9% gain from the $0.21 support, with a potential target at $0.25 translating to a 14% upside. A breakdown below the short-term rising channel would, however, invalidate this bullish thesis.
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