The completion of a 4-hour golden cross, coupled with an 80% surge in price and increased open interest, indicates strong bullish momentum. the dtcc partnership to tokenize assets is a significant long-term catalyst.
The golden cross on multiple short-term charts, an 80% price surge, and high open interest strongly suggest continued upward price movement. the dtcc partnership further solidifies the bullish outlook.
The golden cross is a short-term indicator, and the recent 80% surge has occurred rapidly. while the dtcc partnership has long-term implications, the immediate price action is driven by short-term technicals and momentum.
Cover image via U.Today Disclaimer: The opinions expressed by our writers are their own and do not represent the views of U.Today. The financial and market information provided on U.Today is intended for informational purposes only. U.Today is not liable for any financial losses incurred while trading cryptocurrencies. Conduct your own research by contacting financial experts before making any investment decisions. We believe that all content is accurate as of the date of publication, but certain offers mentioned may no longer be available. Stellar (XLM) has completed a golden cross on its short-term charts as it gains bullish momentum. Advertisement XLM posted a golden cross on its four-hour chart, with the 50 MA rising above the 200 MA. This follows an impressive surge in the week, with Stellar notching about 80% gains. Coincidentally, this signal appears on the majority of short-term charts, including the 1-hour, 2-hour, and 3-hour (albeit formed at different times), confirming the current bullish momentum. XLM/USD 4-Hour Chart, Image By TradingView Stellar saw three straight days of sharp increases, reaching a high of $0.297 on Saturday before it slightly retreated. HOT Stories Bitcoin (BTC), Zcash (ZEC), Ethereum (ETH) and XRP Price Analysis for May 30: Bearish Pressure Emerges JPMorgan Boss on Crypto Bill: 'We'll Fight It' The rise began on Wednesday after DTCC and the Stellar Development Foundation announced plans to enable the tokenization of DTC-custodied assets on the Stellar network. DTC-tokenized assets are expected to become available on the Stellar network in the first half of 2027. The move is a big one, as DTCC sits at the center of U.S. market infrastructure and oversees more than $114 trillion in assets. Advertisement You Might Also Like Fri, 05/29/2026 - 11:30 Stellar (XLM) Jumps 50% to Flip Monero as $114 Trillion Asset Manager Expands on Stellar By Tomiwabold Olajide Stellar surpassed the daily MA 50 and 200 at $0.164 and $0.19, which had limited its price since the year's start. It consequently reached a high of $0.297 on Saturday, last seen since November 2021. XLM currently trades at $0.253, up 19% in the last 24 hours as buying pressure increased. Advertisement Stellar open interest soars amid rising demand Meanwhile, demand for Stellar derivatives continues to be on the rise, as seen in the perpetual futures Open Interest (OI) rising significantly. This increase suggests that retail traders are confident in XLM's short- to medium-term outlook and are willing to open new positions. You Might Also Like Sat, 05/30/2026 - 04:00 Can XRP Repeat Stellar (XLM) Price Success After DTCC Integration? By Gamza Khanzadaev Stellar's open interest is currently higher, up 21.78% in the last 24 hours to $378.99 million. With a current market cap of $8.49 billion, Stellar has climbed in crypto ranking and now sits in the 14th spot, with Cardano (ADA) above it. #Stellar News #XLM #XLM Price Prediction