XLM Shows Resilience with Nearly 4% Rally in Recent Trading Session
- Stellar’s XLM traded within a $0.02 corridor, ranging from $0.38 to $0.40 between Sept. 17, 17:00 and Sept. 18, 16:00 (UTC).
- The asset experienced strong volume-driven advances at $0.39 (40.04 million) and $0.40 (33.80 million), both exceeding the average of 30.47 million.
- XLM reached a session high of $0.40 at approximately 15:36, supported by a notable volume surge of around 7.50 million.
- The final hour of trading indicated sustained institutional participation, reinforcing the bullish momentum.
- Overall, XLM appreciated nearly 4%, closing at $0.40.
The trading data reflects steady institutional positioning and accumulation strategies as buyers consistently defended the $0.40 level during market fluctuations.
With XLM climbing from $0.38 to $0.40, the recent activity showcases robust buying interest and highlights key resistance levels for future movements.
