2024

Axelar

Coin

<p>The Axelar price prediction shows that AXL is moving from the opening price of $1.107 as the buying interest may increase on approach to $1.110.</p>
<h2 id="axelar-price-prediction-for-2024-will-axl-resume-its-upward-trend">Axelar Price Prediction for 2024: Will AXL Resume Its Upward Trend?</h2>
<p>Ripple and Axelar have announced a strategic partnership to enable seamless interoperability on the XRP Ledger (XRPL) across various blockchain networks. This collaboration aims to create a more interconnected blockchain ecosystem, offering developers new opportunities for application integration and development.</p>
<h2 id="axelar-prediction-statistics-data">Axelar Prediction Statistics Data:</h2>
<ul>
 <li>Axelar price now – $1.095</li>
 <li>Axelar market cap – $743.9 million</li>
 <li>Axelar circulating supply – 674.5 million</li>
 <li>Axelar total supply – 1.1 billion</li>
 <li>Axelar Coinmarketcap ranking – #107</li>
</ul>
<h2 id="axl-usd-medium-term-trend-ranging-4h-chart">AXL/USD Medium-term Trend: Ranging (4H Chart)</h2>
<p>Key levels:</p>
<p>Resistance Levels: $1.250, $1.270, $1.290</p>
<p>Support Levels: $0.950, $0.930, $0.910</p>
<figure id="attachment_528300" aria-describedby="caption-attachment-528300" style="width: 100%" class="wp-caption alignnone"><img decoding="async" class="wp-image-528300 size-full" src="https://insidebitcoins.com/wp-content/uploads/2024/05/AXLUSD_4H_09052024.png" alt="Axelar Price Prediction for Today, May 30 – AXL Technical Analysis" width="1374" height="744" srcset="https://insidebitcoins.com/wp-content/uploads/2024/05/AXLUSD_4H_09052024.png 1374w, https://insidebitcoins.com/wp-content/uploads/2024/05/AXLUSD_4H_09052024-300x162.png 300w, https://insidebitcoins.com/wp-content/uploads/2024/05/AXLUSD_4H_09052024-1024x554.png 1024w, https://insidebitcoins.com/wp-content/uploads/2024/05/AXLUSD_4H_09052024-768x416.png 768w" sizes="(max-width: 1374px) 100vw, 1374px">
 <figcaption id="caption-attachment-528300" class="wp-caption-text">
  AXLUSD – 4-Hour Chart
 </figcaption>
</figure>
<p>According to the 4-hour chart, <a href="https://coinmarketcap.com/currencies/axelar/" rel="noopener noreferrer nofollow">AXL/USD</a> is trending sideways, having established a cross above the $1.107 resistance level while currently hovering above the 9-day and 21-day moving averages. Buyers might seek additional resistance levels if the coin makes a bullish cross above the upper boundary of the channel.</p>
<h2 id="axelar-price-prediction-axl-price-may-consolidate-within-the-channel">Axelar Price Prediction: AXL Price May Consolidate Within the Channel</h2>
<p>In the past few hours, the Axelar price has begun an upward movement, currently encountering resistance at $1.110 and eyeing the next resistance level at $1.112. The daily chart indicates that if the 9-day moving average stays above the 21-day moving average, it will confirm the coin’s next direction. However, AXL/USD might decline if the $1.085 support level is breached, but the price could rise if it surpasses the $1.110 resistance level.</p>
<p>Currently, the market price remains above the moving averages, signaling a bullish trend. If Axelar’s price breaks above the upper boundary of the channel, it could reach resistance levels of $1.250, $1.270, and $1.290. Conversely, any movement toward the lower boundary of the channel could see support levels at $0.950, $0.930, and $0.910.</p>
<h2 id="axl-usd-medium-term-trend-bullish-2h-chart">AXL/USD Medium-term Trend: Bullish (2H Chart)</h2>
<p>The 2-hour chart indicates that the <a href="https://insidebitcoins.com/news/axelar-price-prediction-axl-is-top-gainer-with-68-pump-on-binance-listing-but-analysts-say-consider-this-other-crypto-with-729-apy" rel="noopener noreferrer nofollow">Axelar price</a> is poised to break above the upper boundary of the channel, with the 9-day MA staying above the 21-day MA. If the Axelar price crosses above the channel, traders could see a significant spike in bullish momentum and substantial gains.</p>
<figure id="attachment_528299" aria-describedby="caption-attachment-528299" style="width: 100%" class="wp-caption alignnone"><img decoding="async" class="wp-image-528299 size-full" src="https://insidebitcoins.com/wp-content/uploads/2024/05/AXLUSD_2H_09052024.png" alt="Axelar Price Prediction for Today, May 30 – AXL Technical Analysis" width="1374" height="744" srcset="https://insidebitcoins.com/wp-content/uploads/2024/05/AXLUSD_2H_09052024.png 1374w, https://insidebitcoins.com/wp-content/uploads/2024/05/AXLUSD_2H_09052024-300x162.png 300w, https://insidebitcoins.com/wp-content/uploads/2024/05/AXLUSD_2H_09052024-1024x554.png 1024w, https://insidebitcoins.com/wp-content/uploads/2024/05/AXLUSD_2H_09052024-768x416.png 768w" sizes="(max-width: 1374px) 100vw, 1374px">
 <figcaption id="caption-attachment-528299" class="wp-caption-text">
  AXLUSD – 2-Hour Chart
 </figcaption>
</figure>
<p>However, there is a possibility that the current candle might drop below the 21-day moving average, potentially targeting the support level of $1.025 and lower. Meanwhile, to maintain bullish momentum, it is crucial for the price to stay above the $1.102 resistance level and focus on breaking the potential resistance at $1.190 and higher.</p>
<p>Meanwhile, @decilizer informed his followers on X (formerly Twitter) that $AXL is continuing its upward trend. The key support level at $1 has been confirmed. If $BTC stays bullish, $AXL is expected to surpass the next target of $2.25. Keep a close watch on this one! The previous rally saw an impressive 680% increase.</p>
<blockquote class="twitter-tweet" data-width="550" data-dnt="true">
 <p lang="en" dir="ltr"><a href="https://twitter.com/search?q=%24AXL&amp;src=ctag&amp;ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">$AXL</a> is maintaining its upward trend. The key support at $1 has been verified. If <a href="https://twitter.com/search?q=%24BTC&amp;src=ctag&amp;ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">$BTC</a> remains bullish, AXL is expected to surpass our next target of $2.25. Keep an eye on this one!<br>The previous rally resulted in a 680% increase. <a href="https://t.co/kEBy3UsANF" rel="noopener noreferrer nofollow">pic.twitter.com/kEBy3UsANF</a></p>
 <p>— Decilizer (@decilizer) <a href="https://twitter.com/decilizer/status/1795690522549645491?ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">May 29, 2024</a></p>
</blockquote>
<p><script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script></p>
<h2 id="alternatives-to-axelar">Alternatives to Axelar</h2>
<p>Axelar (AXL) is nearing the $1.100 resistance level, poised to break above the channel’s upper boundary amidst a strong upward trend. Traders are closely watching this movement, expecting a possible market rally. Despite its considerable market cap of $743.9 million and ranking, Axelar’s impact might still be overshadowed. Meanwhile, the <a href="https://insidebitcoins.com/visit/dogeverse" rel="noopener noreferrer nofollow">Dogeverse</a> token offers a compelling opportunity for significant returns, having already secured over $15 million in its presale. Now is the perfect time to consider investing in this promising token.</p>
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<h2 id="related-news">Related News</h2>
<ul>
 <li><a href="https://insidebitcoins.com/news/axelar-price-prediction-as-axl-shoots-up-20-after-listing-announcement" rel="noopener noreferrer nofollow">Axelar Price Prediction as AXL Shoots Up 20% After Listing Announcement</a></li>
 <li><a href="https://insidebitcoins.com/news/this-meme-coin-could-soar-100x-last-chance-to-buy-dogeverse-before-launch-in-three-days" rel="noopener noreferrer nofollow">This Meme Coin Could Soar 100x – Last Chance To Buy Dogeverse Before Launch In Three Days</a></li>
</ul>

Axelar Price Prediction for Today, May 30 – AXL Technical Analysis

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