Stellar Rallies 2.3% Breaking Key Resistance on Volume Surge

XLM climbed 2.32% to $0.2476 on Monday, breaking the key $0.2460 resistance as volumes rose more than 10% above weekly averages. The move pushed Stellar back above critical technical levels and outperformed the broader crypto market, with trading patterns reflecting institutional-style accumulation rather than retail-driven volatility.

Momentum accelerated in the final hour of trading, where buyers defended support at $0.2449 before propelling the token through multiple resistance zones. Volume spiked to 45.3 million XLM — 47% above the 24-hour moving average — reinforcing the strength of the breakout as price briefly touched session highs at $0.2479.

Traders are now watching whether XLM can hold above the former $0.2460 ceiling, a level anchoring the broader $0.22–$0.24 support zone that previously produced triple-digit rallies.

XLM/USD (TradingView)

Key Technical Levels Signal Continuation Potential for XLM

• Support/Resistance:Former resistance at $0.2460 becomes support, with psychological $0.2500 level as next target.
• Volume Analysis:45.3M token volume (47% above SMA) validates breakout with institutional flow characteristics.
• Chart Patterns:Clean break above $0.2460 establishes bullish foundation with measured advance potential.
• Targets & Risk/Reward:$0.2500 resistance zone offers next upside target with $0.2420 providing downside protection.