Stellar’s native token XLM posted a strong rally over the past 24 hours, climbing 3.7% from $0.36 to $0.37 on heavy trading activity. The move was fueled by two distinct breakout phases: an evening surge on September 28 at 22:00 that carried prices to $0.37 on volume nearly double the daily average, followed by a secondary push at 13:00 the next day that reinforced bullish momentum. Both sessions were supported by elevated volumes above 31 million units, signaling broad market participation.

The final hour of trading on September 29 proved 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 surge carried the price through resistance at $0.366, establishing a fresh uptrend channel. XLM went on to touch intraday highs near $0.372 before consolidating just below at $0.371 as volumes tapered off.

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Author: CD Analytics