Stellar (XLM) is demonstrating strong breakout potential with a recent surge in trading volume despite market fluctuations.
XLM has broken out of a falling channel, indicating bullish momentum, and is eyeing resistance levels at $0.3788, $0.4746, and $0.5734.
Stellar remains resilient amidst market volatility, maintaining above crucial support levels and showing signs of an imminent surge in value.
Analysts suggest that as long as XLM stays above the short-term stop-loss at $0.1587, the bullish outlook remains intact with potential for further gains.