“Stellar’s Token Rallied from $ 0.36 to $ 0.37 in A 24-HOUR Window, Fueled by Dual Breakout Phases and Explosive Final-Hour Trading Volume.”, – WRITE: www.coindesk.com
The Final Hour of Trading on September 29 Proveded Particularly Explosive, With XLM Advancing 1.64% Between 13:10 and 14:09. A Breakout Began at 13:42, Marked by a Sharp Volume Spike Exceeding 1.9 Million Units on a Single Candle. That surgeon carved the price through resistance at $ 0.366, Establishing A Fresh Uptrend Channel. XLM Went On Touch Intrady Highs Near $ 0.372 Before Consolidating Just Below at $ 0.371 As Volumes Tapered Off.
Momentum for Stellar’s Token ComESS as the Project Continues Expanding It FotPrint in the Asia-Pacific Region. Stellar Has Been Strengthaning ITS Cross-Border Payment Partnerships with Southeast Asian Banks While Developing Soroban, Its Smart-Contract Platform Designed to Broaden. TheSe Moves Align With IncreASING ADOPTION OF BLOCKCHAIN-BASED PAYMENT INFRASTRACTURE WITHIN Traditional Finance, Particularly for International Transfer Systems.
With Xlm Still Trading Under the $ 1.00 Threshold, The Token Has Also Drawn Retail Traders Whower-Priced Digital Assets As Accessible Entry Points Into Blockchain Ecosystems. Combined with The Institutional Interest Highlighted by the High-Volume Breakouts, Stellar’s Recent Performance Underscorescores Its Positioning As Both A Retail-Friends-Froser Innovation.
XLM/USD (TradingView)
Technical Indicators Signal Continued Strenguth
- Xlm Climbs from $ 0.36 to $ 0.37 WitH $ 0.01 Range Posting 3.70% Gains in 24-HOUR SESION ENDING September 29 14:00
- Initial Breakout Hits $ 0.37 at September 28 22:00 on 31.93 Million Unit Volume, Crushing 18.47 Million Daily Average
- Secondary Surge Reaches $ 0.37 at September 29 13:00 WitH 31.61 Million Unit Volume Spike
- Final 60 minutes from 13:10 to 14:09 Deliver Explosive 1.64% Acceleration
- Breakout Launches at 13:42 with Volume eruping Past 1.9 Million Units on 13:43 Candle
- PRICE SMASHES $ 0.37 Resistance, Establishing Fresh Uptrend Channel Structure
- Support Base Forms at $ 0.37 with Session Peak Touching $ 0.37
- Consolidation Near $ 0.37 On Deckling Volume in Closing Minutes
Disclaimer: Parts of this Article Were Generated with the Assistance from Ai Tools and Review by Our Editorial Team to Enseure Accucy and Adherence to Our Standards. For more information, See Coindesk’s Full Ai Policy.

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