The post Stellar up 37% in Volume, But XLM Price Sees Major Twist appeared on BitcoinEthereumNews.com. Stellar (XLM) has seen a significant jump in volume as the coin plots another rebound move on the crypto market. This comes after Stellar shed over 13% in the last 30 days amid bearish sentiment in the community. Stellar’s price sends mixed signals despite rebound attempt As per CoinMarketCap data, Stellar’s trading volume climbed by 37% to $227.7 million in the last 24 hours to wipe out investors betting on a bearish turn. The rise in volume matched a price reversal for XLM, which has been on a downward spiral over the last 30 days. Meanwhile, there has been a major twist with the price, as its initial uptick to a high of $0.2625 suffered a 2% decline over the past hour.  This was likely sparked by volatility that has dogged the coin in recent times. As of press time, Stellar exchanged hands at $0.2537, which represents a 5.46% increase within this time frame. It is worth mentioning that despite the 37% volume spike and more than 5% price gain, Stellar remains in a troubled state. Notably, XLM still trades below critical levels and has not been able to reclaim the $0.30 resistance mark. In fact, since Nov. 13, Stellar has not been able to attain $0.28. You Might Also Like This continued bearish outlook has negatively impacted the altcoin in the past month. Market participants might expect the current increase in volume to linger and trigger a further climb in price. Failure to sustain the momentum could cause Stellar to slip and threaten the $0.20 support level. XLM’s faltered rallies leave it in defensive position Less than 10 days ago, the same wave of optimism had spread through the Stellar community when XLM recorded an 8% price gain.  Some investors thought the price had bottomed out at around $0.2460 as the… The post Stellar up 37% in Volume, But XLM Price Sees Major Twist appeared on BitcoinEthereumNews.com. Stellar (XLM) has seen a significant jump in volume as the coin plots another rebound move on the crypto market. This comes after Stellar shed over 13% in the last 30 days amid bearish sentiment in the community. Stellar’s price sends mixed signals despite rebound attempt As per CoinMarketCap data, Stellar’s trading volume climbed by 37% to $227.7 million in the last 24 hours to wipe out investors betting on a bearish turn. The rise in volume matched a price reversal for XLM, which has been on a downward spiral over the last 30 days. Meanwhile, there has been a major twist with the price, as its initial uptick to a high of $0.2625 suffered a 2% decline over the past hour.  This was likely sparked by volatility that has dogged the coin in recent times. As of press time, Stellar exchanged hands at $0.2537, which represents a 5.46% increase within this time frame. It is worth mentioning that despite the 37% volume spike and more than 5% price gain, Stellar remains in a troubled state. Notably, XLM still trades below critical levels and has not been able to reclaim the $0.30 resistance mark. In fact, since Nov. 13, Stellar has not been able to attain $0.28. You Might Also Like This continued bearish outlook has negatively impacted the altcoin in the past month. Market participants might expect the current increase in volume to linger and trigger a further climb in price. Failure to sustain the momentum could cause Stellar to slip and threaten the $0.20 support level. XLM’s faltered rallies leave it in defensive position Less than 10 days ago, the same wave of optimism had spread through the Stellar community when XLM recorded an 8% price gain.  Some investors thought the price had bottomed out at around $0.2460 as the…