Axelar Price Prediction: 2024, 2025, 2030 (2024)

Disclaimer

For some coins with little to no data points and inexistent historical data the model by default will show a positive price prediction. There is no way for our AI bot to decipher whitepaper, tokenomics and team integrity. The coin's price that you are about to see below can fall drastically depending on many factors, so please invest wisely after checking the team and project's whitepaper. This current price prediction is done by a machine crunching numbers and the model is still in the early beta stages. It should strictly not be taken as an investment advice. Although the best engineers are currently tweaking and updating the algorithm, no human has verified the price predicted below, so please use your discretion and make a decision wisely.

AXL price prediction: Key highlights

1. Primary support and resistance levels

• An analysis of the daily chart showcased the lowest support level to be at$0.89.
• The highest resistance level can be anticipated at$2.50.

2. Market sentiment

• The overall market sentiment for AXL is seen to beneutralto bearishin June 2024.

3. Predictive forecasts

• Our AI/ML predictive algorithms project that AXL can reach an average value of$40 by 2028 and further increase to more than$1,700 by 2033.

Given below is an extensive daily technical analysis ofAXL, followed by the coming days of the month, upcoming months, and yearly forecast tables derived from our AI/ML-based predictive models:

AXL technical analysis: Bulls persist against an unfavorable market

This analysis report delves into AXL's recent trading behavior, focusing on its performance on the daily chart. It culminates in anAxelar price prediction for 2024. At the beginning of the analysis period, AXL remained under overwhelmingbearish forces that caused the price to depreciate below$1.28.

Concurrently, the price fell to its lowest support of$0.89. This low represented a turning point as the asset recovered swiftly. This was spurred by anoverselling condition in the market, which prompted a rebound above$1.01.

Thereafter, the token traded in a range-bound market. Rejections at$1.28 in late April and early May indicated strong resistance. Meanwhile,$1.01acted as the lower support level, where the price found buying interest and bounced back up, overcoming the slight pushback at$1.12.

Nonetheless, bullishstrength waned as the market turned red after the second rejection. By mid-May, the token returned to touch the lowest floor. Subsequent attempts to stabilize over$1.01 were spurred byundervaluationand lacked sufficient pressure. Thus, past patterns repeated themselves as thealtcoin revisited$0.89.

Notably, towards the end of the month, bulls regrouped to initiate another rally that flipped$1.01 back into their favor. A retest of$1.12was met with rejection. At press time, AXL exchanged hands at$1.02.

These continued bullish attempts suggested that if the bullishmomentum persists, AXL could realistically aim to reclaim and stabilize at the$1.12 level.Looking ahead, the potential for the token to overcome the$1.28barrier hinges on sustained buying momentum.

Surpassing this level could allow it to approach the critical$2.06mark. Moreover, recurring bull runs can elevate the token to its highest resistance at$2.50, drawing it nearer to its previousall-time high (ATH).

Conversely, if selling pressure intensifies, the asset could retract to its lowest support. This would dramatically alter market perceptions and potentially cement abearish outlook.

Despite this possibility, our predictive models remain optimistic regarding the asset's future prospects. The models project that within the next four years, the asset’s average price could reach as high as$40, with further growth expected to propel the price to an astonishing$1,700 by 2033. Such predictions underscore a robustgrowth trajectory for the asset as it aims to achieve major milestones in the coming years.

AXL's 2024 roadmap: Key indicators to watch and trade

• Thetrading volume surged as the asset initially reached its lowest support level. Afterward, it remained subdued, with slight recoveries noted during price rallies.
• Buyers entered the market as the price fell to its lowest level again. Subsequently, the recent price recovery was supported by mirroring volume, suggesting a substantial investor presence in the market.
• TheRelative Strength Index (RSI) started from theoversoldregion, signaling a potential bounce back. This materialized as the indicator continued to rise and touched the50 line in early May.
• This was followed by another decline phase, which saw the indicator briefly return below 30 mid-month. The pattern of recovery was repeated when theRSI crossed the 50 line again later in the month before settling at48.20 by the end of the analysis. This pointed to a slight balance of market forces.
• TheOn-Balance Volume (OBV) sharply declined at the outset and remained relatively flat in late April. This was followed by a short ascension, which was reversed swiftly.
• Another recovery was noted in late May, pushing the indicator to close at-61.946 million. This suggested a mild resurgence in buying interest or decreased selling pressure.

Axelar's Short Term Price Prediction

Axelar price prediction 13 September 2024: Axelar's price for 13 September 2024 according to our analysis should range between $0.46 to $0.53 and the average price of AXL should be around $0.5.

Axelar price prediction 14 September 2024: Axelar's price for 14 September 2024 according to our analysis should range between $0.47 to $0.54 and the average price of AXL should be around $0.5.

Axelar price prediction 15 September 2024: Axelar's price for 15 September 2024 according to our analysis should range between $0.47 to $0.54 and the average price of AXL should be around $0.5.

Axelar price prediction 16 September 2024: Axelar's price for 16 September 2024 according to our analysis should range between $0.47 to $0.54 and the average price of AXL should be around $0.51.

Axelar price prediction 21 September 2024: Axelar's price for 21 September 2024 according to our analysis should range between $0.48 to $0.55 and the average price of AXL should be around $0.52.

Axelar price prediction 26 September 2024: Axelar's price for 26 September 2024 according to our analysis should range between $0.49 to $0.56 and the average price of AXL should be around $0.53.

Axelar price prediction 6 October 2024: Axelar's price for 6 October 2024 according to our analysis should range between $0.51 to $0.59 and the average price of AXL should be around $0.55.

Axelar price prediction November 2024: Axelar's price for November 2024 according to our analysis should range between $0.52 to $0.6 and the average price of AXL should be around $0.56.

Axelar price prediction December 2024: Axelar's price for December 2024 according to our analysis should range between $0.53 to $0.61 and the average price of AXL should be around $0.57.

Axelar's Long Term Price Prediction

Axelar’s long term Price Prediction below is a look at AXL’s future prospect with regards to price. Axelar was last seen at $0.5, with a market cap of $395,584,465 and trading volumes of $8,382,321. AXL’s price prediction is possible by analyzing historical price action, current developments and social sentiment from the community.

Axelar price prediction 2024: Axelar's price for 2024 according to our analysis should range between $0.46 to $0.69 and the average price of AXL should be around $0.57.

Axelar price prediction 2025: Axelar's price for 2025 according to our analysis should range between $0.53 to $0.8 and the average price of AXL should be around $0.67.

Axelar price prediction 2026: Axelar's price for 2026 according to our analysis should range between $0.58 to $0.87 and the average price of AXL should be around $0.73.

Axelar price prediction 2027: Axelar's price for 2027 according to our analysis should range between $0.71 to $1.07 and the average price of AXL should be around $0.89.

Axelar price prediction 2028: Axelar's price for 2028 according to our analysis should range between $0.91 to $1.37 and the average price of AXL should be around $1.14.

Axelar price prediction 2029: Axelar's price for 2029 according to our analysis should range between $0.82 to $1.24 and the average price of AXL should be around $1.03.

Axelar price prediction 2030: Axelar's price for 2030 according to our analysis should range between $0.96 to $1.44 and the average price of AXL should be around $1.20.

Axelar price prediction 2031: Axelar's price for 2031 according to our analysis should range between $1.05 to $1.57 and the average price of AXL should be around $1.31.

Axelar price prediction 2032: Axelar's price for 2032 according to our analysis should range between $1.34 to $2.02 and the average price of AXL should be around $1.68.

Axelar price prediction 2033: Axelar's price for 2033 according to our analysis should range between $1.29 to $1.93 and the average price of AXL should be around $1.61.

Axelar price prediction 2034: Axelar's price for 2034 according to our analysis should range between $1.51 to $2.26 and the average price of AXL should be around $1.88.

Axelar price prediction 2035: Axelar's price for 2035 according to our analysis should range between $2.20 to $3.30 and the average price of AXL should be around $2.75.

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AXL/USD Pair

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Axelar’s current price is $0.5 and witnessed a 0.68% increase in the past 24 hours. AXL/BTC pair saw a 0.9% increase in the past 24 hours

Investing in Axelar, AXL will purely depend on your personal risk appetite. As you can see over the past 24 hours Axelar’s price has witnessed a 0.68% increase and over the past 30 days Axelar has decrease by -11.97%. So it all depends on if this investment will hit your trading goals.

According to our latest Axelar Price prediction for 2024, AXL should vary between $0.69 and $0.46. Please keep in mind that the crypto market is very volatile and this Axelar price prediction does not account for extreme wild swings in price.

As per the Axelar price prediction 2024 model above, AXL’s price for September 2024 should range between $0.46 to $0.69 with the average price for September being $0.57

According to the Axelar Price Prediction model above, AXL’s price in 2025 would be $0.67. This price would however would range from $0.8 and $0.53.

According to the Axelar Price Prediction model above, AXL’s price in 2026 would be $0.73. This price would however would range from $0.87 and $0.58.

According to the Axelar Price Prediction model above, AXL’s price in 2027 would be $0.89. This price would however would range from $1.07 and $0.71.

According to the Axelar Price Prediction model above, AXL’s price in 2028 would be $1.14. This price would however would range from $1.37 and $0.91.

According to the Axelar Price Prediction model above, AXL’s price in 2029 would be $1.03. This price would however would range from $1.24 and $0.82.

According to the Axelar Price Prediction model above, AXL’s price in 2030 would be $1.20. This price would however would range from $1.44 and $0.96.

According to the Axelar Price Prediction model above, AXL’s price in 2031 would be $1.31. This price would however would range from $1.57 and $1.05.

According to the Axelar Price Prediction model above, AXL’s price in 2032 would be $1.68. This price would however would range from $2.02 and $1.34.

According to the Axelar Price Prediction model above, AXL’s price in 2033 would be $1.61. This price would however would range from $1.93 and $1.29.

According to the Axelar Price Prediction model above, AXL’s price in 2034 would be $1.88. This price would however would range from $2.26 and $1.51.

According to the Axelar Price Prediction model above, AXL’s price in 2035 would be $2.75. This price would however would range from $3.30 and $2.20.

The highest price for Axelar was recorded in 1 March 2024 during which AXL hit an All Time High of $2.64

The price of 1 Axelar according to current market rate is $0.5