Axelar (AXL) is currently priced at $0.341192, showing a 1.96% increase over the past 24 hours. The price has fluctuated between a high of $0.346174 and a low of $0.330983 within the same period, indicating a daily range of approximately 0.015191%.

The trading volume over the last 24 hours stands at 8,807,207, which corresponds to a market cap volume ratio of 2.55%. The hourly moving averages suggest positive momentum, with the 8 SMA at $0.3367 reflecting an increase of 1.33% and the 21 SMA at $0.3357 showing an increase of 1.64%.

The 1-hour RSI is currently at 61, indicating that AXL is approaching overbought territory, while the 7-day RSI at 52 suggests that the coin is relatively neutral in the short term. However, the 7-day price change shows a decline of 3.06%, and the 14-day change indicates a more substantial drop of 13.15%, suggesting recent bearish sentiment.

In contrast, the 30-day price change is positive at 9.23%, indicating some longer-term bullish potential. Nevertheless, the current price is significantly below its all-time high of $2.64, which was reached on March 1, 2024, highlighting substantial room for recovery.

Given the mixed signals in the short-term indicators and recent downward pressure on price, along with the proximity to overbought conditions, a cautious approach is warranted. Therefore, the recommendation is to Hold AXL at this moment, allowing for further observation of price action and market sentiment before making a more aggressive trading decision.