Stellar’s XLM Advances 4.3% as Market Swings Persist

XLM Swings 4.3% as Volume Surges, Resistance Holds Firm

Stellar’s native token, XLM, experienced pronounced intraday volatility on September 11, driven by high trading volumes and technical resistance levels.

The token fluctuated within a $0.017 range, moving between $0.379 and $0.396, marking a 4.3% intraday swing. The rally began around midnight, climbing from $0.384 to a peak of $0.396 by mid-morning. A surge in volume — 112 million units traded at noon — underscored strong market participation.

Despite the buying momentum, XLM retreated to $0.387, confirming resistance between $0.394 and $0.396. Accumulation near $0.379-$0.381 established a solid support base. Short-term consolidation between $0.386 and $0.389 further reinforced $0.389 as a key ceiling. Traders are now watching whether XLM can flip this level into support or revisit the lower base.