Axelar (AXL) is currently trading at $0.351652, reflecting a slight decline of 0.64% over the past 24 hours. The price has oscillated between a high of $0.356696 and a low of $0.341628 within the same period, indicating a daily range of 0.015068%, suggesting low volatility.

Volume stands at 11,284,137, representing a volume-to-market cap ratio of 3.21%. The moving averages indicate mixed trends; the 8 SMA and 13 SMA are showing upward momentum at 1.74% and 1.47%, respectively, while the 55 SMA is down 2.09%, indicating potential resistance at higher price levels.

The 1-hour RSI is at 45, suggesting a neutral short-term momentum, while the 7-day RSI at 55 indicates a moderate bullish sentiment. Over the past week, AXL has seen a price increase of 11.64%, contrasting with a 30-day decline of 16.53%, revealing short-term recovery against a longer-term downtrend.

AXL's all-time high of $2.64 reached in March 2024 highlights significant potential, but current price levels indicate a stark deviation from that peak. This significant gap suggests the need for cautious trading strategies as market sentiment stabilizes.

Given the current technical indicators and recent performance, AXL presents a mixed outlook. The short-term momentum is showing some strength, but the long-term trend remains bearish, warranting a conservative approach.

Rating: Hold. The mixed signals from moving averages and the RSI suggest waiting for clearer bullish trends before making significant investment decisions.