đŻđ„Surprise move from Axelar (AXL): He left everyone behind!
#Axelar (#AXL ), which has been accumulating for a long time, finally delighted its investors by making the expected move.
Despite the good progress in Bitcoin (BTC), Axelar (AXL), which could not make a rise, finally managed to break its chains The altcoin which experienced a 70.81 percent increase in just two weeks, gradually began to make its name
Moreover, the fact that he overtook Starknet (STRK) in the âMost Risingâ list with his increase in the last 24 hours and sat at the top made AXL stand out more. So, which levels could be important to follow for AXL, who is just starting to get momentum?
His silence has come to an end!
Despite the fact that BTC has exceeded $ 50,000, AXL, which has remained in the background for some time, exploded after overcoming a critical resistance. AXL, which made its way to the upper levels with the mass of buyers it caught at $ 0.9092, reached $ 1.5530 in just two weeks. Later, the popular coin, which gave some correction, retreated to $ 1.4618. AXL, which is currently moving at the Dec price, may want to test $ 1.6752 â 1.8469 and $1.9530 respectively if it continues its momentum.
If different projects dominate the market, BTC closes the day below $ 50,000, or BTC dominance increases, the correction process can be expected in AXL. In such a scenario, respectively 1,3460 â 1,2266 â 1,0462 and there may be an easing towards $0.9092. In addition, the loss of $ 0.9092, which is the point where the October rise was ignited, may be the harbinger of a new wave of selling.
What is Axelar (AXL)?
AXL is the local currency of the Axelar blockchain economy. The project provides a Decentralized network and tools to help developers of decentralized applications communicate seamlessly across chains through the protocol suite, tools and APIs. Axelar has three main components, it consists of a Decenter network, a software development kit for protocols and APIs, and a set of gateway smart contracts for inter-chain connectivity.
