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Stellar Lumens Shatters Resistance Barrier as Traders Fuel 3% Surge - Here’s What Comes Next

Stellar Lumens Shatters Resistance Barrier as Traders Fuel 3% Surge - Here’s What Comes Next

Author:
Coindesk
Published:
2025-10-06 16:28:48
21
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XLM rockets past critical resistance level in explosive 3% breakout session

Traders swarm Stellar network as bullish momentum builds

The resistance crack sparks fresh institutional interest in cross-border payment protocol

Market analysts eye next targets while traditional finance scrambles to understand the move - because when did banks ever get crypto right anyway?

This isn't just another pump - it's validation of Stellar's growing dominance in the real-world payment space

XLM/USD (TradingView)

Technical Metrics Indicate Institutional Accumulation
  • Strong institutional support established at $0.39 with corporate volume confirmation of 62.57 million tokens during October 5 trading session.
  • Technical resistance at $0.41 levels showed multiple institutional testing phases before successful breakout on corporate buying.
  • Ascending price trend from the $0.39 base provided consistent institutional support throughout the accumulation phase.
  • Corporate trading activity remained elevated during key price movements, particularly at 13:38 with 2.86 million token volume confirming institutional breakthrough above $0.41.
  • Sequential higher price levels demonstrated sustained corporate accumulation during final trading hour.
  • Daily trading volumes exceeded 71 million tokens during institutional trading hours, significantly above the 24-hour corporate average of 25.43 million.

Parts of this article were generated with the assistance from AI tools and reviewed by our editorial team to ensure accuracy and adherence to our standards. For more information, see CoinDesk's full AI Policy.

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