Stellars XLM rose 4% over the last 24 hours and climbed from $ 0.39 to $ 0.40 with a short push over $ 0.41. Trade volumes rose to more than twice the daily average and established support for $ 0.40 and resistance near $ 0.41, signaling potential consolidation before the next move.
The rally followed Bitcoin.com Wallet’s Integration of Stellar, giving millions of users access to its low costs, fast payment networks and defi tools. The news coincided with increased volatility as XLM repeatedly tested the $ 0.41 level while holding key support.
Institutional demand is also burning speed, with traditional funding showing growing interest in blockchain-based payments. Strong volume during breakout highlights increasing market commitment as XLM pushes through psychological resistance zones.
Short -term action reinforced this trend: Between 13:11 and 14:10 UTC On October 2, XLM rose card to $ 0.41 on trade volumes almost twice the hourly average, which emphasizes robust bullish atmosphere despite almost term resistance.
Technical measurements indicate sustained strength
- Rally developed through two separate phases with the first progress to $ 0.40 followed by crucial outbreaks of over $ 0.41 during sessions overnight.
- Outstanding trading volumes of 90.15 million and 61.23 million documented, significantly over 24-hour benchmark of 36.85 million.
- Significant support formed for $ 0.40 with significant volume support, while resistance was materialized around $ 0.41.
- Volume waves surpassed 1.4 million during 13:45 and 13:51 periods, violation of Times Benchmark of 750,000.
- Repeated resistance challenges near $ 0.41 with support stabilization about $ 0.40 threshold.
- Robust upward course preserved with balanced profit patterns over important $ 0.40 psychological barrier.
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