Axelar (AXL) is currently priced at $0.330524, reflecting a 24-hour increase of 2.10%. The daily trading range has been relatively tight, with a low of $0.311862 and a high of $0.330535, indicating a 24-hour volatility of 0.018673%.

The trading volume stands at 15,669,991, which translates to a volume/market cap ratio of 4.57%. This suggests a healthy level of activity, likely supporting price stability in the short term, while the 1-hour RSI at 68 indicates that the asset is nearing overbought conditions.

Short-term moving averages show a positive trend, with the 8 SMA at $0.3158 (up 4.66%) and the 13 SMA at $0.3172 (up 4.21%). However, longer-term averages such as the 144 SMA at $0.3255 (up 1.55%) indicate a more tempered momentum, suggesting that recent gains may not yet reflect sustained bullish sentiment.

The 7-day RSI is neutral at 52, indicating that Axelar has room for further price movement without being overbought. Meanwhile, the asset has shown positive price changes over various periods: 1.13% over the past week, 9.68% over 14 days, and 1.99% over the last month, demonstrating a generally upward trajectory.

The all-time high of $2.64, reached in March 2024, shows significant room for growth compared to the current price level. This disparity indicates potential for substantial upside should market conditions favor a bullish trend.

Based on the current analysis, Axelar exhibits a mix of short-term bullish indicators along with potential resistance at longer-term moving averages. Given the current price momentum and positive volume trends, I rate Axelar (AXL) as a Buy, with a focus on short to medium-term trading opportunities while monitoring for signs of overbought conditions.