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- XLM surged 9% with trading volume up 112%.
- Analysts see $0.445 as critical resistance before $0.56.
- RSI and MACD confirm growing bullish momentum.
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Stellar (XLM) is gaining strong traction in the market, trading at $0.3999 after a sharp 9.38% daily surge. The rally comes with a 112% spike in trading volume, reaching $481.85 million, suggesting rising investor confidence and a potential shift in market sentiment.
Resistance Levels and Bullish Setup
Crypto analyst CW identified $0.445 as a key resistance level, with a potential upside toward $0.56 if the barrier is broken. Another analyst, AltCryptoTalk, noted that XLM is forming a falling wedge pattern, a technical setup that often precedes bullish breakouts. Current support sits between $0.315–$0.35, a zone that may attract buyers if prices retrace.
The sell wall for $XLM exists until $0.445.
— CW (@CW8900) October 2, 2025
If this sell wall is broken, the price will likely rise to $0.56. pic.twitter.com/1q9P8glcrJ
If XLM pushes above the wedge’s upper trendline, it could signal the start of a new upward phase, reinforcing the strength of its current bullish trend.
Technical Indicators Point to Strength
Momentum indicators back the positive outlook. The Relative Strength Index (RSI) stands at 58, showing room for growth before hitting overbought territory. Meanwhile, the MACD line widening above the signal line confirms increasing buying pressure, with green histogram bars reflecting strengthening bullish momentum.
Also Read: Stellar (XLM) Trading Volume Surges 36% — Could a $0.50 Rally Be Next?
Rising Participation Adds to Optimism
Data from CoinGlass highlights strong market participation. Open interest rose 21.61% to $327.54 million, while trading volume surged more than 90%. This increase in leveraged positions and trading activity reflects growing conviction among traders that Stellar’s price may extend higher.
Stellar’s recent performance underscores renewed investor confidence and technical strength. If the token breaks through its resistance levels, analysts see a pathway toward further gains. For now, the combination of higher volumes, bullish chart patterns, and improving momentum paints a positive picture for XLM in the near term.
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Disclaimer: The information in this article is for general purposes only and does not constitute financial advice. The author’s views are personal and may not reflect the views of Chain Affairs. Before making any investment decisions, you should always conduct your own research. Chain Affairs is not responsible for any financial losses.
I’m your translator between the financial Old World and the new frontier of crypto. After a career demystifying economics and markets, I enjoy elucidating crypto – from investment risks to earth-shaking potential. Let’s explore!
