Stellar (XLM) is trading at $0.2823, up 3.21% in 24 hours. Volume has jumped to $267.94 million, showing rising interest. Over the past week, XLM moved up by 2.63%, mirroring the broader altcoin recovery.
Analysts say it’s approaching a key resistance area on the daily chart. The chart shows a descending triangle with a flat support and falling upper trendline. This pattern is of consolidation.
If XLM breaks the 50-day moving average and the top of the triangle, targets stretch to $0.313, $0.376, and $0.485 would be seen, which would confirm bullish momentum but would need volume to back it.
low volume undermines bullish momentum
The colors show blue at the support level and purple above the resistance. Price is triangularly converging to break out around $0.28. Long lower wicks around $0.25 indicate that buyers are entering the market. Hence, support is holding well despite earlier cracks.
But the trading volume tells a different story, it is a gradual declineully trend, which frivolously serves as a warning signal. In the absence of sufficient buying activity, price breakouts typically do not persist for long.
stellar moves forward after ripple split
Stellar is now carving its own path nearly Ripple a decade ago. The roadmap for 2025 indicates higher aspirations. The smart contract tools, Contract Copilot and Stella Assistant, are designed to ease development. Lab 3.0 offers a new approach to launching dApps.
Stellar aims for 5,000 TPS, 2.5s block times, and a more robust validator network. It’s not just about remittance. There is a Freighter Mobile, business payments in one click, and single-use wallets; these are shifts. The network is positioning itself for fintech and Web3 relevance.
McCaleb’s vision has always differed from XRP’s. Last year’s rally proved that, XLM rose 460% versus XRP’s 170%. New token standards and full backend upgrades may finally convince markets that Stellar is more than just Ripple’s cousin. Now, it’s up to delivery.
