Stellar is one of those coins that has been performing very well during this month. Since the beginning of October, it went up by 333%, testing $0.048 price tag. However it corrected back and this week, after rejecting 200 Moving Average, recoved, breaking above the downtrend trendline.
This could be a start of yet another wave of growth, launching Stellar to new highs. There are three major resistance levels based on the Fibonacci retracement.
1st Target: $0.045
2nd Target: $0.055
3rd Target: $0.063
Break above the 3rd target could establish a longer-term growth with much higher upside potential.
