Stellar (XLM) crashed to $0.36 but bounced back fast as institutional buyers stepped in with massive volume, setting up what could be a major breakout toward $0.50.
XLM Price Sees Massive Whale Activity During Flash Crash
Yesterday was wild for XLM holders. The token crashed to $0.36 during Asian trading on insane volume - 40+ million tokens, more than double the usual 24-hour average. But instead of tanking further, XLM bounced back immediately.
This wasn't retail panic selling. The speed of that recovery screams institutional money waiting to buy the dip. When volume spikes like that and prices instantly recover, it's usually smart money accumulating.

The final hour on Sept 24 was absolutely bonkers. XLM dropped to $0.368 at 13:37, then clawed back to $0.369 by 14:10. Volume hits of 1.27 million, 1.19 million, and 1.58 million in those final minutes show serious institutional flows moving big money.
Stellar (XLM) Price Technical Setup Looks Bullish
From a technical view, XLM's moves have been constructive despite the volatility. The $0.36 level got tested with massive volume and held firm - that's textbook support validation with 40.69 million in trading volume backing it up.
The recovery toward $0.37 during Asian hours wasn't luck - it was institutional buyers stepping up. The $0.36 psychological level is now rock solid, and should act as a launching pad for any renewed buying interest.
XLM Price Ready for Triangle Breakout to $0.50?
All this consolidation above $0.37 could be setting XLM up for something big. The institutional activity suggests smart money is positioning for the next move, and based on price action, that looks bullish.
As long as XLM holds above $0.36 - and given the volume defending it, that looks likely - we're still in play for a triangle breakout toward $0.50. That's a potential 35% move from current levels.
Heavy trading in both Asian and US sessions shows global institutional interest. When that happens, big moves usually follow. The key is watching how XLM handles any retests of $0.36 support - if it holds, $0.50 could be closer than most think.