Stellar (XLM) Price Breakout Stalls - Here's Why This Area Is Critical for the Future Trend

• The Stellar (XLM) price has fallen since November 13 despite breaking out from a descending resistance trend line.
• XLM has nearly reached the $0.110 horizontal support area, which is critical for the future trend.
• The technical analysis shows that XLM has been following a descending resistance trend line since July.
• The XLM price broke out from the resistance trend line on October 23, leading to a high of $0.137 on November 13.
• However, the price has fallen since then, validating the 0.382 Fib retracement resistance level at $0.138.
• The creation of the Stellar Social Club has been announced to give back to the Stellar community.
• The Relative Strength Index (RSI) for XLM on the daily timeframe gives an undetermined reading.
• The reaction to the $0.110 area can determine the future XLM trend, with a strong bounce potentially causing a 35% increase to the 0.618 Fib resistance at $0.161.

The sentiment of the article is neutral. It provides information about the recent price movements of Stellar (XLM) and presents both the possibility of a bounce or a breakdown in the future trend.