Stellar’s Token XLM registered a strong rally in the last 24 hours, raising 3.7% of $ 0.36 to $ 0.37 in a great commercial activity. The measure was fed by two different rupture phases: an increase in the night on September 28 at 22:00 that had prices at $ 0.37 in almost double volume of the daily average, followed by a secondary impulse at 1:00 p.m. the next day that reinforced the bullish impulse. Both sessions were backed by high volumes above 31 million units, indicating a wide market share.
The last time of negotiation on September 29 was particularly explosive, with XLM advancing 1.64% between 13:10 and 14:09. A rupture began at 13:42, marked by an acute volume hole greater than 1.9 million units in a single candle. That increase carried the price through the resistance to $ 0.366, establishing a new catering trend channel. XLM went on to intimate maximums about $ 0.372 before consolidating just below $ 0.371 as the volumes decreased.
The impulse for Stellar token occurs as the project continues to expand its footprint in the Asia and Pacific region. Stellar has been strengthening its cross -border payment associations with the Southeast Asia banks while developing Soroban, its intelligent contract platform designed to expand network capabilities. These movements are aligned with the increase in the adoption of blockchain -based payment infrastructure within traditional finances, particularly for international transfer systems.
With XLM still quoting under the threshold of $ 1.00, the Token has also attracted retail merchants who see digital assets of lower price as accessible entry points in blockchain ecosystems. Combined with the institutional interest highlighted by high volume outbreaks, Stellar’s recent performance underlines its positioning as a retail token and a serious contender in cross -border financial innovation.
Technical indicators Continuous force signal
- XLM rises from $ 0.36 to $ 0.37 with a range of $ 0.01 that publishes 3.70% profits in the 24 -hour session that ends on September 29, 14:00
- The initial rupture reaches $ 0.37 to September 28 22:00 in a volume of 31.93 million units, crushing 18.47 million daily average
- The secondary wave reaches $ 0.37 to September 29, 13:00 with 31.61 million units of units
- Finals 60 minutes from 13:10 to 14:09 delivers an explosive 1.64% acceleration
- Breakout is launched at 13:42 with a volume in eruption more than 1.9 million units at 1:43 PM SACELA
- The price crushes the resistance of $ 0.37, establishing a fresh ascending trend channel structure
- Support base forms at $ 0.37 with the session peak playing $ 0.37
- Consolidation about $ 0.37 in the decrease in volume in final minutes
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