Based on today's classical pivot point (P1) with the value of $0.03919, Axelar has support levels of $0.03701, $0.03584, and the strongest at $0.03367. Similarly, Axelar resistance levels are at $0.04036, $0.04253, and $0.04371.
| # | Price | Strength |
|---|---|---|
| S1 | $0.03701 | |
| S2 | $0.03584 | |
| S3 | $0.03367 |
| # | Price | Strength |
|---|---|---|
| R1 | $0.04036 | |
| R2 | $0.04253 | |
| R3 | $0.04371 |
Technical indicators are an essential tool for conducting technical analysis. They provide insights into an asset's market status, investor sentiment, and more, thereby helping investors make more informed trading decisions.
| Period | Value | Action |
|---|---|---|
| RSI (14) | 36.67 | NEUTRAL |
| Stoch RSI (14) | 0.00 | BUY |
| Stochastic Fast (14) | 3.92 | BUY |
| Commodity Channel Index (20) | -168.45 | BUY |
| Average Directional Index (14) | 11.49 | NEUTRAL |
| Awesome Oscillator (5, 34) | -0.00 | NEUTRAL |
| Momentum (10) | -0.00 | NEUTRAL |
| MACD (12, 26) | 0.00 | NEUTRAL |
| Williams Percent Range (14) | -96.08 | BUY |
| Bull Bear Power (13) | -0.00 | NEUTRAL |
| Ultimate Oscillator (7, 14, 28) | 49.88 | NEUTRAL |
| VWMA (10) | 0.04 | SELL |
| Hull Moving Average (9) | 0.04 | SELL |
| Ichimoku Cloud B/L (9, 26, 52, 26) | 0.04 | NEUTRAL |
Over the past 7 days, Axelar price was most positively correlated with the price of Immutable X (IMX), Optimism (OP), Cardano (ADA), Polkadot (DOT) and XRP (XRP) and most negatively correlated with the price of LayerZero (ZRO), KAITO (KAITO), OKB (OKB), Pump.fun (PUMP) and JUST (JST).
| Name | Correlation |
|---|---|
| Immutable X | 0.870 |
| Optimism | 0.841 |
| Cardano | 0.832 |
| Polkadot | 0.806 |
| XRP | 0.790 |
| Name | Correlation |
|---|---|
| LayerZero | -0.588 |
| KAITO | -0.492 |
| OKB | -0.356 |
| Pump.fun | -0.156 |
| JUST | -0.143 |
Axelar price is positively correlated with the top 10 coins by market cap with a price of 0.436, excluding Tether (USDT) and positively correlated with the top 100 coins by market cap excluding all stablecoins with a price of 0.476.
Currencies that are positively correlated with Axelar indicate that the movement of one has a statistically significant weight to lead the other in the same direction. For currencies that are negatively correlated with Axelar, a move in one direction for Axelar would translate into a move in the opposite direction for the negatively correlated coin.
