Stellar’s token price, XLM, experienced a significant surge of over 4% on September 11th. This rise saw XLM briefly peak at $0.396 before retracting to close near $0.387. This volatility was driven by high trading volume, with a notable spike of 112 million units exchanged during the day. Analysts attribute this activity to potential institutional investor participation. However, this momentum couldn’t overcome resistance levels at $0.394-$0.396. The token now appears range-bound with support found near $0.379-$0.381, while further upward pressure is being met by strong resistance at these levels. 24-hour trading volume was substantial, highlighting potential institutional involvement, but the price has not yet broken through the resistance zone and remains largely in a holding pattern.