Stellar (XLM) Gains Momentum as Institutional Buyers Drive Breakout Above Key Resistance

Stellar (XLM) delivered a modest yet meaningful advance in Tuesday’s trading session, climbing 0.97% to $0.279 and outperforming the broader crypto market by 1.84%. Despite an overall cautious sentiment across digital assets, the move highlighted selective buying interest and underlying strength in the Stellar network’s native token.

Trading volume surged 59.61% above its seven-day average, signaling heightened market activity and potential institutional repositioning rather than retail speculation. Such a sharp uptick in participation often precedes stronger price movements, suggesting renewed confidence among professional traders.

During the session, XLM briefly dipped to test key support near $0.256 before recovering sharply, maintaining an ascending pattern characterized by higher lows and a 9.4% trading range. The volume peak of 127.2 million tokens — 88% above the daily average — confirmed robust buying interest at lower levels. Short-term charts showed XLM establishing higher lows at $0.266, $0.270, and $0.276 before breaking above resistance at $0.281 in late trading. This breakout was accompanied by intense activity exceeding 1 million tokens per minute, reinforcing the narrative of professional accumulation and sustained bullish momentum.

From a technical standpoint, primary support remains firm at $0.256, with secondary levels at $0.266 and $0.276. The confirmed breakout above $0.281 opens the path toward the next target near $0.285, while maintaining $0.276 as the immediate downside risk. The consistent pattern of higher lows and strong volume metrics underscores the token’s constructive structure, pointing to continued upward potential if momentum holds.

As Stellar continues to attract institutional attention, traders will be watching for follow-through buying that could validate this breakout and push XLM closer to the $0.285 resistance zone, marking a potential shift from accumulation to trend continuation.