Overview

• XLM rose about 3.7% to roughly $0.37 after back‑to‑back intraday breakouts, including a surge through $0.366 on elevated volumes reported around 13:42 UTC on September 29.
• The $0.34–$0.35 zone remains the key pivot repeatedly defended in recent sessions, keeping a $0.40–$0.50 recovery path in play if buyers maintain control.
• Analysts warn that a decisive drop below the support area could trigger a swift decline, while sustained closes above $0.38–$0.40 are needed to validate upside.
• Technical readings highlight indecision, with tight Bollinger Bands around recent prices and a Chaikin Money Flow near +0.03 signaling only faint buying pressure.
• Market data snapshots diverge on participation, with reports citing roughly $231 million versus about $95 million in 24‑hour volume as XLM trades near $0.36–$0.37 with a market cap around $11.4–$11.6 billion.