Stellar’s XLM is capturing market attention after a significant technical breakout on November 10, 2025, sparking discussions about the potential for a major bullish trend. The token’s recent performance, characterized by a strong price surge and rising trading volume, suggests a shift in momentum that has both short-term traders and long-term investors taking notice.
A Noteworthy Breakout
On November 10, XLM demonstrated notable strength, climbing 3.62% to reach $0.3004. This wasn’t just an isolated gain; it represented a decisive breakout above a key resistance level of $0.3020, and XLM significantly outperformed the broader cryptocurrency market by 4.86%. The move was backed by solid trading activity, with volume spiking 18.90% above its 30-day average, confirming genuine buyer interest behind the price increase. Following the breakout, the token successfully established a new support level around $0.3058, which will be a critical level for bulls to defend to maintain the positive short-term bias.
This recent success was foreshadowed by earlier strength. Just days before, on November 5, XLM had surpassed another important resistance at $0.281, accompanied by an even larger volume spike of 59.61% above its seven-day average—a signal often associated with institutional accumulation rather than retail-driven momentum.
The Bullish Case and Technical Horizon
The current technical picture for XLM is what has analysts particularly intrigued. The token is approaching the apex of a large symmetrical triangle pattern that has been forming on its charts for seven years. Such long-term consolidation patterns are known for often preceding powerful directional moves. According to technical analyst Aksel Kibar, a successful breakout from this pattern could project a substantial long-term price target of $1.52, which would represent a 446% increase from current levels.
Supporting this optimistic technical view are growing on-chain fundamentals. The Stellar network has seen its Total Value Locked (TVL) hit a record high, and the ecosystem is expanding with the growth of real-world asset (RWA) tokenization, exemplified by Franklin Templeton’s $446 million tokenized treasury fund on the network. Furthermore, the launch of regulated investment products like a physically-backed XLM ETP by WisdomTree adds a layer of institutional credibility and can open the door for more formal capital inflows.
A Word of Caution in the Optimism
Despite the compelling bullish signals, it’s important for traders to acknowledge lingering technical resistance. The 50-day and 200-day Simple Moving Averages (SMAs) currently sit above the current price, acting as overhead resistance that XLM must overcome to confirm a more sustained upward trend. The market sentiment, as reflected in the Fear & Greed Index, also remains in “Fear” territory, indicating that broader market caution could still pose a headwind.
For traders and crypto treasuries, the immediate focus will be on whether XLM can maintain its footing above the new support and gather the momentum to challenge the moving averages. A confirmed and sustained breakout, especially on high volume, would significantly strengthen the case for a continued rally. However, given the potent mix of a long-term technical setup and persistent resistance levels, disciplined risk management and a watchful eye on volume and key price levels are essential in the sessions ahead.
