Stellar XLM posted modest price gains, but a 37% jump in weekly volume has sparked renewed speculation about accumulation from major market participants.
Stellar recorded a 1.79% increase during Tuesday’s trading session, closing near $0.256. While price movement remained restrained, the token followed broader market momentum and traded within a narrow but constructive range. Over the past 24 hours, XLM rose from $0.2516 to $0.2579, establishing higher lows at $0.2500, $0.2530, and $0.2540, a pattern typically associated with sustained buying pressure.
The real highlight came from the volume data. Trading activity surged 37% above the 7-day average, suggesting institutional accumulation even as price action stayed contained. XLM moved within a 5.1% range—approximately $0.0131—but the magnitude of volume expansion hinted at underlying strength.
During early trading, the asset tested resistance at $0.2631, supported by notable volume inflows. The most significant spike occurred at 14:00 GMT, when 74.27 million tokens traded hands, marking a 163% increase over the 24-hour average of 27.9 million.
Volume spikes and tight price action for Stellar XLM
Short-term data reinforced the same trend. In the latest 60-minute window, XLM broke through the $0.2556 resistance level and climbed to $0.2588, fueled by exceptional volume bursts of 1.9 million and 1.7 million tokens in successive intervals. Toward the end of the session, signs of volume exhaustion appeared, often a prelude to temporary consolidation.
From a technical standpoint, the chart shows a clear ascending structure with consistent higher lows and successful resistance breakouts. The primary support remains at $0.2519, while the nearest resistance sits firmly at $0.2631 following the high-volume test earlier in the day.
If XLM manages to break above that threshold, the token could gain an additional 2.6% in the short term. A decisive breakout would likely pave the way for stronger upside movement, provided institutional inflows continue to drive momentum as indicated by the recent surge in trading volume.
