XLM Breaks Key Resistance as Bullish Momentum Builds Above $0.2460

Stellar’s XLM posted a strong performance on Monday, climbing 2.32% to $0.2476 and breaking through the critical $0.2460 resistance level. The move came as trading volume jumped more than 10% above weekly averages, signaling renewed interest and strength behind the latest price action. Unlike typical retail-driven volatility, the surge showed patterns associated with institutional accumulation, giving traders a reason to watch the token closely as it reclaims important technical ground.

The bullish momentum intensified in the final hour of trading. Buyers stepped in aggressively at $0.2449, defending support before driving XLM through multiple resistance zones. Volume then spiked to 45.3 million XLM—47% above the 24-hour moving average—providing strong confirmation of a breakout with meaningful participation. The price briefly touched intraday highs at $0.2479, underscoring the strength of the move and improving sentiment across the Stellar market.

With XLM now trading above the former $0.2460 ceiling, analysts are watching whether the token can sustain support at this level. The area is part of the broader $0.22–$0.24 demand zone, which has historically fueled large upside moves, including prior triple-digit rallies. Holding this range could position Stellar for further continuation patterns, especially as volume and momentum remain elevated.

Traders are currently eyeing the psychological $0.2500 level as the next upside target. A clean break above that price could open the door for additional gains if momentum continues. On the downside, the $0.2420 area provides a reasonable protection zone, offering a balanced risk-to-reward framework for short-term market participants. With a validated breakout, strong volume, and improving structure, XLM’s latest move signals potential for further bullish extension if buyers maintain control in the sessions ahead.