Stellar (XLM) rebounds 8% to $0.20 as buyers defend key demand zone

Key Takeaways:

• XLM surged 8% in 24 hours to reclaim $0.20
• Trading volume jumped nearly 100% during the rebound
• Token faces resistance at $0.23-$0.26 supply zone

Stellar (XLM) on the Stellar network climbed 7.8% to $0.2015 over the past 24 hours, recovering from a test of the $0.17 demand zone as trading volume surged close to 100%, CoinGecko data shows.

"The bounce from the $0.15-$0.16 demand zone was backed by heavy accumulation, with Demand CVD at 74.48 million, suggesting buyers stepped in aggressively at those levels," a pseudonymous analyst known as Altcoin Sherpa wrote on X. "The question is whether momentum can carry through the $0.23-$0.26 supply wall."

The rebound follows XLM defending the lower boundary of a descending channel that has contained price action since early 2026. The token's relative strength index climbed above 53, while the moving average convergence divergence indicator is approaching a bullish crossover, signaling that bearish pressure is easing. The most active trading range over the past session sits between $0.20 and $0.22, according to volume profile data.

The $0.23-$0.24 zone represents the first major resistance, carrying a Supply CVD of 12.245 million, where sellers are expected to defend aggressively. A breakout above the broader $0.23-$0.26 resistance block would confirm a trend reversal and open the path toward $0.30 as the next liquidity target. On the downside, a breakdown below $0.15 would invalidate the bullish recovery and expose lower levels. XLM remains in a cautious recovery phase as traders watch whether buyers can absorb overhead supply and build momentum for the next leg higher.

This article is for informational purposes only and does not constitute investment advice.