Stellar XLM increased 4% in the last 24 hours, rising from $ 0.39 to $ 0.40 with a brief impulse above $ 0.41. Negotiation volumes increased more than double the daily average, establishing support at $ 0.40 and resistance about $ 0.41, pointing out the possible consolidation before the next movement.
The Rally followed the integration of Bitcoin.com Wallet de Stellar, giving millions of users access to their fast and low -cost payment network and Defi tools. The news coincided with greater volatility as XLM repeatedly tested the level of $ 0.41 while maintaining the key support.
Institutional demand is also promoting impulse, and traditional finances show a growing interest in blockchain -based payments. The strong volume during the rupture highlights the market increase as XLM pushes through psychological resistance areas.
The short -term action reinforced this trend: between 13:11 and 14:10 UTC of October 2, XLM briefly increased to $ 0.41 in negotiation volumes almost twice the average per hour, underlining a robust bullish feeling despite short -term resistance.
Technical metrics indicate persistent force
- Rally was developed through two separated phases with initial progress at $ 0.40 followed by a decisive break that exceeds $ 0.41 during night sessions.
- PENDING NEGOTIATION VOLUMES OF 90.15 million and 61.23 million documented, substantially above 24 hours of 36.85 million.
- The essential support was formed at $ 0.40 with a substantial volume support, while the resistance materialized around $ 0.41.
- The increase in volume exceeded 1.4 million during 13:45 and 13:51 periods, exceeding the point of time of 750,000.
- Repeated resistance challenges about $ 0.41 with support stabilization around $ 0.40 threshold.
- Robust ascending trajectory preserved with balanced patterns of profits above the essential psychological barrier of $ 0.40.
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