Stellar’s XLM rose 4% in the past 24 hours, up from $ 0.39 to $ 0.40 with a short push above $ 0.41. Trade volumes have increased to more than double the sun -average, establishing support at $ 0.40 and resistance near $ 0.41, the sign of potential integration -including before the next move.
The rally followed the Bitcoin.com Wallet’s stellar integration, providing millions of users access to low cost, fast payment network and defi tools. The news coincides with higher volatility as XLM repeatedly tried the $ 0.41 level while holding the main support.
Institution’s demand also poured momentum, with traditional finances that show a growing interest in blockchain-based payments. Strong volume during breakout highlights rising market relationships as XLM pushes psychological resistance zones.
Short-term action adopted this trend: between 13:11 and 14:10 UTC on October 2, the XLM was briefly spiked at $ 0.41 in trade volumes that were almost twice the hour average, emphasizing the stable bullish emotions despite the near term objection.
Technical metrics indicate continuous strength
- The rally was developed by two separate phases featuring an initial advance of $ 0.40 followed by a decisive breakout of more than $ 0.41 in overnight sessions.
- The remaining trading volumes of 90.15 million and 61.23 million documented, more than a 24 -hour benchmark of 36.85 million.
- The essential support generated at $ 0.40 with a large volume backward while the resistance is material around $ 0.41.
- The volume of surges exceeds 1.4 million in 13:45 and 13:51 periods, which exceeds the time -750,000 benchmark.
- Repeated resistance challenges near $ 0.41 with stabilization support around $ 0.40 threshold.
- Heavy uphiller preserved with balanced earnings of earnings above vital $ 0.40 psychological barriers.
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