Bitget App
Trade smarter
Buy cryptoMarketsTradeFuturesEarnSquareMore
Stellar price eyes breakout as XLM hits key resistance near $0.30

Stellar price eyes breakout as XLM hits key resistance near $0.30

CoinjournalCoinjournal2025/11/13 19:45
By:Coinjournal
Stellar price eyes breakout as XLM hits key resistance near $0.30 image 0
  • XLM gained by more than 6% to break above $0.29, with bulls battling off intraday lows of $0.27.
  • The altcoin looked poised for a breakout above the $0.30 level.
  • Key catalysts could include Stellar partnerships and sentiment around the spot XRP ETF going live in the United States.

Stellar (XLM) price gained 6% to surge past the $0.29 mark as bulls positioned for a potential breakout above the psychologically significant $0.30 level.

While price remains below the local peak above $0.35 seen this past month, the upside momentum over the 24 hours suggests buying pressure is mounting.

Key to this is a confluence of factors, including burgeoning partnerships in real-world applications.

There’s also heightened market optimism stemming from the imminent launch of spot XRP exchange-traded funds (ETFs) in the United States.

Stellar price touches key resistance near $0.30

Stellar is among the altcoins to post minor gains in the past 24 hours as Bitcoin struggles with pressure in the $103,000-$100,000 range.

XLM shows resilience with price climbing over 6% to reach intraday highs of $0.297.

This has the token poised near $0.30 amid a spike in trading volume, which was up 58% to over $291 million at the time of writing.

Stellar price eyes breakout as XLM hits key resistance near $0.30 image 1 XLM chart by TradingView

Notably, prices hovered at a level above which the next major resistance will be around $0.35, only if there’s a decisive breach of the $0.30 level.

Consistent buying pressure in recent sessions means buyers have been able to ride minor pullbacks.

That’s critical as the token now consolidates between $0.27 and $0.30.

Short-term indicators, including a positive MACD crossover and an upsloping RSI at 47, suggest room for further upside.

However, traders might want to watch out for broader market sentiment and action around $0.31.

XLM gains amid ETF buzz, partnerships

As noted, the surge in XLM’s value comes amid fresh positive sentiment.

Other than regulatory tailwinds, strategic alliances that enhance Stellar’s ecosystem and the launch of spot crypto ETFs stand out.

The funds listing front has an impending spot XRP ETF debut, helping the Ripple token up, and also targets the crucial $3.00 market.

Targeted partnerships are also positioning Stellar at the forefront of the tokenized real-world assets trend.

The blockchain platform welcomed a landmark collaboration with Nasdaq-listed Turbo Energy.

In this deal, the Stellar Development Foundation and Swiss digital asset firm Taurus are working together to tokenize debt financing for hybrid solar and battery installations.

Built on the Stellar blockchain, the initiative kicks off with a proof-of-concept pilot at a supermarket in Spain, leveraging XLM’s blockchain to issue and manage tokenized Power Purchase Agreements (PPAs).

"The future of climate finance needs to be as efficient as the clean energy it funds." – @DenelleDixon

New, transparent ways to finance on-site clean energy deployments from @turbo_energy , @taurus_hq , and SDF.

Learn more ⬇️ https://t.co/uoLnDW08Ct

— Stellar (@StellarOrg) November 11, 2025

XLM could also benefit from SEC Chair Paul Atkins’s plans to create a framework for classifying crypto tokens.

On November 12, 2025, at the Philadelphia Federal Reserve Bank, Atkins advocated for a comprehensive token taxonomy rooted in the Howey Test.

The goal is to offer greater regulatory clarity by distinguishing securities from commodities and collectibles.

SEC’s objective is to foster innovation without stifling growth.

0

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

PoolX: Earn new token airdrops
Lock your assets and earn 10%+ APR
Lock now!

You may also like

ETH falls below $3,300

Cointime2025/11/13 20:48

Stable: Mainnet Coming Soon

Cointime2025/11/13 20:48

SOL falls below $150

Cointime2025/11/13 20:48