Strong Long-Term Rise Expected for Stellar

The Stellar cryptocurrency continued its sharp decline

in a sell-off that hit the cryptocurrency markets

and the coin reached strong daily buying zones

overlapping with important weekly levels

The current zones are considered among the most important and strongest buying zones

Therefore, we may see a strong upward movement soon if the downtrend is broken

shown on the chart and the price closes above.

Expected Targets

If the downtrend identified on the chart is broken

and the price closes above it, we expect an upward 

movement to the targets identified

on the chart, which are at the 0.3000 and 0.3500 levels.

The analysis and bullish outlook are invalidated if a full candle breaks and closes

below the current buying zones, 

in which case the decline may continue further.