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XLM Primed for Bullish Surge After Bouncing Off Critical Support Level

XLM Primed for Bullish Surge After Bouncing Off Critical Support Level

Author:
CoindeskEN
Published:
2025-08-21 15:24:27
5
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Stellar's native token just defied gravity—and the bears are scrambling.

Technical Breakthrough Confirmed

XLM rockets off its support floor, carving a path toward higher resistance zones. The rebound signals robust buyer momentum despite broader market hesitation.

Market Mechanics at Play

Traders pile into long positions as volume spikes 30% intraday. Short squeezes fuel the ascent—classic crypto theater where leverage cuts both ways.

Institutional Whispers Grow Louder

Rumors swirl about cross-border payment pilots leveraging Stellar’s network. Because nothing says 'financial revolution' like rebuilding SWIFT with more volatility.

Targets in Sight

Next resistance awaits at $0.15—a 20% climb from current levels. Break that, and previous highs enter the conversation.

Just remember: in crypto, 'support' is what you call the level before everyone discovers it was actually a trapdoor.

XLM/USD (TradingView)

Technical Indicators Signal Bullish Momentum
  • Price action broke through key $0.398 resistance level with strong volume confirmation.
  • Trading range of $0.01 or 3% indicates contained volatility before breakout.
  • Volume spike exceeding 1.55 million during final hour suggests institutional interest.
  • Support established around $0.40 level with multiple successful bounces.
  • Declining volume trend reversed during breakout, indicating renewed conviction.

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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