Stellar Gains 2% as Higher Trading Volume Points to Institutional Activity

Stellar posted a steady advance on Tuesday, rising 1.79% to $0.256 as trading activity accelerated sharply even though price gains remained modest. XLM moved from $0.2516 to $0.2579 over the 24-hour window ending Dec. 3 at 15:00 GMT, forming successive higher lows at $0.2500, $0.2530 and $0.2540 in a sign of measured accumulation.

The standout metric was volume. Trading activity jumped 37% above the weekly average, indicating rising institutional participation despite the restrained price range. XLM traded within a 5.1% intraday span of $0.0131, reflecting controlled but persistent upward pressure.

With no major fundamental developments driving markets, technical factors set the tone throughout the session. XLM met resistance at $0.2631 during a high-volume morning move and continued to register higher highs as activity remained elevated. The strongest surge came at 14:00 GMT when volume spiked to 74.27 million tokens—163% above the 24-hour average of 27.9 million.

Short-term momentum strengthened on the hourly charts. XLM broke above the $0.2556 resistance level and climbed to $0.2588, supported by a series of sharp volume bursts—1.9 million tokens at 15:34 and 1.7 million at 15:48. Late-session volume fatigue suggests a potential consolidation phase before another directional move as institutional flows test upper price bands.

Key Levels Point to Emerging Breakout Setup

Support & Resistance:

Solid support remains at $0.2519.
A resistance ceiling sits at $0.2631, the level that halted Tuesday’s advance.

Volume Signals:

A 74.27 million token spike (163% above the 24-hour average) reinforces the presence of larger market participants.

Market Structure:

Higher lows and a confirmed breakout above $0.2556 maintain a bullish, ascending trend profile.

Targets & Risk:

Immediate upside aims at a retest of $0.2631 (+2.6%).
A break above that zone opens additional upside potential, while downside risk is contained near $0.2519 support.