Stellar Showing Signs of a Strong Uptrend

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.

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