Hi,
Yes, you can use 32 kHz but generally, you can use any crystal up to 32 MHz in a bypass mode or with FLL engaged.
If you want to get 48MHz core clock you can also use 9.6MHz crystal (the FLL clock generator has only few options of multiplication so the number of possible clock values is quite limited).
You can set it up in the Processor Expert CPU component using the inspector the following way:

best regards
Petr Hradsky
Processor Expert Support Team