{"id":528297,"date":"2024-05-30T22:03:36","date_gmt":"2024-05-30T22:03:36","guid":{"rendered":"https:\/\/insidebitcoins.com\/?p=528297"},"modified":"2024-05-30T22:03:36","modified_gmt":"2024-05-30T22:03:36","slug":"axelar-price-prediction-for-today-may-30-axl-technical-analysis","status":"publish","type":"post","link":"https:\/\/insidebitcoins.com\/news\/axelar-price-prediction-for-today-may-30-axl-technical-analysis","title":{"rendered":"Axelar Price Prediction for Today, May 30 \u2013 AXL Technical Analysis"},"content":{"rendered":"<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>\n<h2>Axelar Price Prediction for 2024: Will AXL Resume Its Upward Trend?<\/h2>\n<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>\n<h2>Axelar Prediction Statistics Data:<\/h2>\n<ul>\n<li>Axelar price now &ndash; $1.095<\/li>\n<li>Axelar market cap &ndash; $743.9 million<\/li>\n<li>Axelar circulating supply &ndash; 674.5 million<\/li>\n<li>Axelar total supply &ndash; 1.1 billion<\/li>\n<li>Axelar Coinmarketcap ranking &ndash; #107<\/li>\n<\/ul>\n<h2>AXL\/USD Medium-term Trend: Ranging (4H Chart)<\/h2>\n<p>Key levels:<\/p>\n<p>Resistance Levels: $1.250, $1.270, $1.290<\/p>\n<p>Support Levels: $0.950, $0.930, $0.910<\/p>\n<figure id=\"attachment_528300\" aria-describedby=\"caption-attachment-528300\" style=\"width: 1374px\" 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 &ndash; 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 &ndash; 4-Hour Chart<\/figcaption><\/figure>\n<p>According to the 4-hour chart, <a href=\"https:\/\/coinmarketcap.com\/currencies\/axelar\/\">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>\n<h2>Axelar Price Prediction: AXL Price May Consolidate Within the Channel<\/h2>\n<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&rsquo;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>\n<p>Currently, the market price remains above the moving averages, signaling a bullish trend. If Axelar&rsquo;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>\n<h2>AXL\/USD Medium-term Trend: Bullish (2H Chart)<\/h2>\n<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\">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>\n<figure id=\"attachment_528299\" aria-describedby=\"caption-attachment-528299\" style=\"width: 1374px\" 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 &ndash; 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 &ndash; 2-Hour Chart<\/figcaption><\/figure>\n<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>\n<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 $2.25. Keep a close watch on this one! The previous rally saw an impressive 680% increase.<\/p>\n<blockquote class=\"twitter-tweet\" data-width=\"550\" data-dnt=\"true\">\n<p lang=\"en\" dir=\"ltr\"><a href=\"https:\/\/twitter.com\/search?q=%24AXL&amp;src=ctag&amp;ref_src=twsrc%5Etfw\">$AXL<\/a> is maintaining its upward trend. The key support at $1 has been verified. If <a href=\"https:\/\/twitter.com\/search?q=%24BTC&amp;src=ctag&amp;ref_src=twsrc%5Etfw\">$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\">pic.twitter.com\/kEBy3UsANF<\/a><\/p>\n<p>&mdash; Decilizer (@decilizer) <a href=\"https:\/\/twitter.com\/decilizer\/status\/1795690522549645491?ref_src=twsrc%5Etfw\">May 29, 2024<\/a><\/p><\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<h2>Alternatives to Axelar<\/h2>\n<p>Axelar (AXL) is nearing the $1.100 resistance level, poised to break above the channel&rsquo;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&rsquo;s impact might still be overshadowed. Meanwhile, the <a href=\"https:\/\/insidebitcoins.com\/visit\/dogeverse\" rel=\"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>\n<p>Final Opportunity to Invest in DOGEVERSE &ndash; A Meme Coin with 100X Potential!<\/p>\n<p><iframe title=\"Last Chance to Buy This New 100X Potential Meme Coin - DOGEVERSE!\" width=\"640\" height=\"360\" src=\"https:\/\/www.youtube.com\/embed\/hXgh19etMR0?feature=oembed\" frameborder=\"0\" allow=\"accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture; web-share\" referrerpolicy=\"strict-origin-when-cross-origin\" allowfullscreen><\/iframe><\/p>\n<p>This is your final opportunity to secure DOGEVERSE, the meme coin with 100X growth potential, before it skyrockets. With its recent funding success and surging investor interest, DOGEVERSE is poised to become the next big sensation in the crypto market. Don&rsquo;t miss out on this rare chance to invest early and maximize your returns. Act now to buy DOGEVERSE while it&rsquo;s still available at its presale price, and position yourself for significant gains as it prepares to hit exchanges.<\/p>\n<p>You can benefit from&nbsp;<a href=\"https:\/\/insidebitcoins.com\/visit\/dogeverse\" rel=\"nofollow\">Dogeverse<\/a>&nbsp;today.<\/p>\n<h2>Related News<\/h2>\n<ul>\n<li><a href=\"https:\/\/insidebitcoins.com\/news\/axelar-price-prediction-as-axl-shoots-up-20-after-listing-announcement\">Axelar Price Prediction as AXL Shoots Up 20% After Listing Announcement<\/a><\/li>\n<li><a href=\"https:\/\/insidebitcoins.com\/news\/this-meme-coin-could-soar-100x-last-chance-to-buy-dogeverse-before-launch-in-three-days\">This Meme Coin Could Soar 100x &ndash; Last Chance To Buy Dogeverse Before Launch In Three Days<\/a><\/li>\n<\/ul>\n                                        <div class=\"inContentProviderSingle inContentColor--insidebitcoins fc-row\">\n                        <div class=\"inContentProviderSingle--wrapper\">\n              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title=\"Dogeverse\">[&#8230;]<\/a><\/div>","protected":false},"author":1742,"featured_media":528298,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"inline_featured_image":false,"_lmt_disableupdate":"","_lmt_disable":"","footnotes":""},"categories":[1],"tags":[13270,13271,14951,7992],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v22.0 (Yoast SEO v22.0) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Axelar Price Prediction for Today, May 30 \u2013 AXL Technical Analysis<\/title>\n<meta name=\"description\" content=\"The Axelar price prediction shows that AXL is moving from the opening price of $1.107 as the buying interest may increase.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/insidebitcoins.com\/wp-json\/wp\/v2\/posts\/528297\" 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Compare Brokers within Crypto, Forex &amp; Stocks","publisher":{"@id":"https:\/\/insidebitcoins.com\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/insidebitcoins.com\/?s={search_term_string}"},"query-input":"required name=search_term_string"}],"inLanguage":"en-US"},{"@type":"Organization","@id":"https:\/\/insidebitcoins.com\/#organization","name":"InsideBitcoins","url":"https:\/\/insidebitcoins.com\/","logo":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/insidebitcoins.com\/#\/schema\/logo\/image\/","url":"https:\/\/insidebitcoins.com\/wp-content\/uploads\/2022\/07\/insidebitcoins.svg","contentUrl":"https:\/\/insidebitcoins.com\/wp-content\/uploads\/2022\/07\/insidebitcoins.svg","width":195,"height":32,"caption":"InsideBitcoins"},"image":{"@id":"https:\/\/insidebitcoins.com\/#\/schema\/logo\/image\/"}},{"@type":"Person","@id":"https:\/\/insidebitcoins.com\/#\/schema\/person\/0e3e45af228d02da2a4f4ff4b82454b8","name":"Azeez Mustapha","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/insidebitcoins.com\/#\/schema\/person\/image\/","url":"https:\/\/secure.gravatar.com\/avatar\/368a1c3ea65da09a1128621f280ad865?s=96&d=mm&r=pg","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/368a1c3ea65da09a1128621f280ad865?s=96&d=mm&r=pg","caption":"Azeez Mustapha"},"description":"Azeez Mustapha is a technical analyst with many years trading experience in the stock exchange and crypto markets. He has broad experience in forex trading, coaching, and funds management. Azeez provides daily articles covering the price movements of major cryptocurrencies, and has contributed to a range of respected publications and trading magazines. 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