Late Surge Propels XLM Up 3.7%, Extending Momentum
XLM Surges 3.7% on Heavy Volume, Breakout Signals Renewed Momentum
Stellar’s XLM token climbed 3.7% over 24 hours, rising from $0.36 to $0.37, supported by strong trading activity and multiple breakout phases.
The first push occurred on September 28 at 22:00, with XLM reaching $0.37 on volume nearly double the daily average. A second rally followed on September 29 at 13:00, reinforcing upward momentum with over 31 million units traded.
A decisive final-hour surge saw XLM jump 1.64% between 13:10 and 14:09. A breakout at 13:42, fueled by a volume spike of 1.9 million units, pushed prices past $0.366 resistance, forming a fresh uptrend. Intraday highs touched $0.372 before consolidating around $0.371.
Stellar’s momentum coincides with its expansion in the Asia-Pacific, including partnerships with Southeast Asian banks and deployment of the Soroban smart-contract platform. With prices under $1, XLM continues attracting retail investors while drawing growing institutional attention.
Technical Highlights:
- 24-hour range: $0.36–$0.37, +3.7%
- Initial breakout: $0.37 on Sept. 28, 31.93M units
- Second surge: $0.37 on Sept. 29, 31.61M units
- Final-hour rally: +1.64%, breakout at 13:42
- Intraday high: ~$0.372, consolidation at $0.371
The strong volume and successive breakouts signal continued bullish momentum for XLM amid heightened market interest.
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