13 October 2025
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XLM Gains 6% Amid Institutional Buying and Market Recovery
Stellar's XLM Gains Amid Market Recovery
- XLM increased 6% in the last 24 hours, closing at $0.35.
- The trading range was between $0.33 and $0.35, with a brief dip to $0.34 before recovery.
- Institutional buying was evident, with 15 million tokens traded during a sharp rally.
- XLM's performance aligns with broader crypto resilience despite macroeconomic challenges.
- Resistance remains at $0.35, while support is solidified near the same level.
- Hourly gains and volume-backed accumulation suggest potential for continued momentum.
Technical Indicators Summary
- Support zone: $0.34-$0.34, buyers consistently active.
- Resistance zone: $0.35-$0.35, selling pressure evident.
- 24-hour average volume: 37.5 million tokens, indicating institutional activity.