XLM, HBAR, ALGO recorded a breakout increase, far surpassing the overall market bounce back.

Bitcoin (BTC) has just reached a historic peak of $122k on Monday, solidifying its position as a safe-haven asset like gold (XAU) amid escalating global trade tensions under President America Donald Trump.

The explosion of capital flowing into the cryptocurrency market has created a powerful growth wave, in which Stellar (XLM), Hedera (HBAR), and Algorand (ALGO) recorded double-digit increases within just 24 hours — far exceeding the performance of most of the remaining Top 100 coins.

Technical analysis shows that the upward trend still has room for expansion, as these coins have collectively broken through important trend lines, while market momentum remains high.

Stellar aims for a new increase as it surpasses the $0.50 threshold

As of Monday, Stellar (XLM) has recorded an impressive increase of 8%, officially re-establishing the important psychological level of $0.50. This also marks the seventh consecutive price increase since this coin broke through the downtrend — a positive signal that may be driven by growing expectations for PayPal to issue a USD-pegged stablecoin on the Stellar network.

If the price maintains a daily candle close above the $0.50 level, the likelihood of XLM surpassing the yearly peak at $0.5150 will be reinforced. In case the upward momentum continues, the next target will be the peak on December 1st at $0.5607.

XLM/USDT daily chart | Source: TradingViewThe trend reversal in the cross-border payment token market is also pushing the (EMA) 50-day moving average closer to the possibility of forming a golden cross with the 200-day EMA at the price level of $0.2772 — a strong technical signal that often indicates a trend reversal point and buying opportunity for sidelined investors.

Current technical indicators continue to support the upward trend: the MACD indicator shows a breakout of green histogram bars above the 0 line, while the RSI has reached a level of 91, reflecting a clear overbought state.

However, if XLM cannot hold the $0.50 mark, a correction scenario to test the support zone of $0.4595 is entirely possible.

Hedera maintains upward momentum after breakthrough

Hedera (HBAR) continues to maintain an impressive upward trend for the seventh consecutive day, with an increase of more than 3% as of now. This surprising momentum comes after the news that a board member of Hedera – Australian Payments Plus (AP+) – has just been selected to participate in the tokenization trial program "Acacia" initiated by the Reserve Bank of Australia on Thursday.

Currently, HBAR is approaching an important resistance zone at the level of $0.2659 – a price that was tested on March 3. If the price can close the daily candle decisively above this threshold, the bullish trend will be further strengthened, opening up the possibility of conquering the level of $0.3288 – the old peak set on January 26.

Daily chart of HBAR/USDT | Source: TradingViewTechnical signals are also supporting a positive trend. The MACD indicator shows the green histogram bars gradually increasing from the centerline, reflecting the strengthening bullish momentum. However, the RSI index has now reached the threshold of 85 – indicating that HBAR is entering the overbought zone.

In the correction scenario, if the price cannot maintain above the support level of $0.2288 (, the peak on the 12th of the month 5), selling pressure may return and pull HBAR back to the 200-day EMA around the $0.1800 mark.

Algorand reverses trend, targeting new growth

Algorand (ALGO) continues to make its mark on the market as it reflects the upward trend of other leading coins, breaking out strongly and increasing by more than 2% in a day, while also reaching the highest peak in four months.

The current uptrend is approaching a key resistance area at the level of $0.3129 – a price point that was last tested on February 11.

Daily ALGO/USDT chart | Source: TradingViewNotably, the bullish consensus among the three moving averages EMA 50, 100, and 200 days not only increases the likelihood of a golden cross formation but also helps absorb selling pressure in the event of a market correction.

In addition, technical indicators such as MACD and RSI are both maintaining above the neutral level, further reinforcing the signal of a strong upward trend still dominating the market.

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