#Stellar (XLM) Price Surges 16% in 24 Hours: Triple EMA Crossover Signals Potential Mega Rally

Stellar ($XLM ) has staged a remarkable breakout, gaining over 16% in the past 24 hours and shattering a key bullish continuation pattern. The sudden surge has captured the attention of both retail and institutional traders, with technical charts hinting that this could be the start of a much larger move.

While some traders anticipate a short-term pullback, multiple bullish indicators are flashing strong buy #signals . However, an important on-chain metric is waving a caution flag that could slow the momentum if certain conditions are met.

Triple EMA Crossover Confirms Strong Uptrend Momentum

One of the most reliable short-to-mid-term bullish patterns has just appeared on Stellar’s 4-hour chart — the triple EMA crossover.

The 20-period Exponential Moving Average (#EMA ) has crossed above both the 50 EMA and the 100 EMA, signaling short-term price acceleration.

The 50 EMA is now on the verge of crossing over the 100 EMA, a move often referred to by traders as a “Golden Cross” when applied to longer-term charts.

Why the Triple EMA #Crossover Matters

An Exponential Moving Average is a technical analysis tool that smooths price action while giving more weight to recent movements. Unlike the Simple Moving Average (#SMA ), which treats all data points equally, the EMA reacts faster to sudden changes in price — making it a favorite for swing and momentum traders.

A Golden Cross occurs when a shorter EMA moves above a longer EMA, signaling a potential bullish trend reversal. The triple EMA crossover, where shorter-term EMAs cross successively over longer ones, is an even more aggressive bullish signal.

Historically, the last time this exact setup occurred for Stellar was in early July, when XLM soared from $0.23 to over $0.52 — a staggering 122% rally in just a few weeks.

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