#AXELAR #AXL Overview: Bridging Chains for #Web3
AXELAR aims to revolutionize cross-chain communication for Web3 applications. By providing a decentralized network and developer-friendly tools, AXELAR enables seamless communication between different blockchains.
🔥Support Levels: The nearest support levels are in the range of $1.9 - $1.8.
🔥Resistance Levels: The next significant resistance lies around $2.5.
A breakout above this level could signal further bullish momentum.🚀
Price Targets:
Short-Term Target: If AXELAR manages to break above the $2.5 resistance, the short-term target could be around $3.0.
Long-Term Potential: Considering AXELAR’s innovative approach to inter-chain communication, a longer-term target could be around $3.5
