December 30, 2024 AXL – Axelar Daily Chart Analysis
Outlook
AXL current price is 0.7073 USDT and the current market cap is 3.090.537 USDT. This chart period started 210 days ago (04 June 2024) with a total of 95 days closing above the opening price and 113 days closing below the opening price. The lowest price was 0.3666 USDT on 05 August 2024, and the highest price was 1.14 USDT on 03 December 2024. The current price is 92.94% above the lowest price and 37.96% below the highest price.
Moving Average
Moving Averages (Closing Prices):
5-Day Moving Average: 0.71194
22-Day Moving Average: 0.8139
50-Day Moving Average: 0.845874
100-Day Moving Average: 0.778637
250-Day Moving Average: 0.7539372
Moving Average Analysis
The current price is %0.65 lower than the 5-Day moving average and has been below it for 2 days.
The current price is %13.10 lower than the 22-Day moving average and has been below it for 13 days.
The current price is %16.38 lower than the 50-Day moving average and has been below it for 13 days.
The current price is %9.16 lower than the 100-Day moving average and has been below it for 5 days.
The current price is %6.19 lower than the 250-Day moving average and has been below it for 5 days.
Trends
The longest uptrend in the 210 day period is 6 days. It started at 0.5412 USDT on 18 August 2024 and ended by increasing by 26.72% to 0.6858 USDT on 24 August 2024.
The longest downtrend is 10 days. It started at 0.6809 USDT on 26 July 2024 and ended by decreasing -36.61% to 0.4316 USDT on 05 August 2024.
Support & Resistance
This review was made for the last 7 days
Last 7 days support levels:
Support: 0.7142 USDT on 26-12-2024
Support: 0.6876 USDT on 27-12-2024
Support: 0.6762 USDT on 28-12-2024
Last 7 days resistance levels:
Resistance: 0.8361 USDT on 25-12-2024
Resistance: 0.7519 USDT on 29-12-2024
The lowest support level is 0.6762 USDT on 28-12-2024, and the highest resistance level is 0.8361 USDT on 25-12-2024. The percentage difference between these levels is approximately 23.6%.
Volume
Fetched 305 data points, less than 500 days of data. Adjusting limit.
The previous trading day’s volume (29-12-2024) 4,583,990.18 USDT. Highest volume in the last 210 days is 48,330,340.50 USDT on 12-10-2024. Lowest volume in the last 210 days is 1,165,396.66 USDT on 30-12-2024. Difference between highest and lowest volume is 4047.12%.
Volume Moving Averages
( Excluding Today)
5-day Moving Average Volume: 4,769,987.40 USDT
22-day Moving Average Volume: 8,352,086.81 USDT
50-day Moving Average Volume: 10,492,975.04 USDT
100-day Moving Average Volume: 10,216,613.90 USDT
250-day Moving Average Volume: 8,863,747.49 USDT
Volume Moving Averages Comparison
Volume of the previous trading day: 4,583,990.18 USDT
Previous day’s volume is 3.90% lower than the 5-day moving average.
Previous day’s volume is 45.12% lower than the 22-day moving average.
Previous day’s volume is 56.31% lower than the 50-day moving average.
Previous day’s volume is 55.13% lower than the 100-day moving average.
Previous day’s volume is 48.28% lower than the 250-day moving average.
Percentage Differences Between Moving Averages:
5-day moving average is -42.89% lower than the 22-day moving average.
22-day moving average is -20.40% lower than the 50-day moving average.
50-day moving average is 2.71% higher than the 100-day moving average.
100-day moving average is 15.26% higher than the 250-day moving average.
Volume Trend
The longest consecutive volume increase started on 31-08-2024 with a volume of 1,862,103.94 USDT and ended on 05-09-2024 with a volume of 5,326,745.65 USDT, lasting for 5 days and representing a 186.06% increase.
The longest consecutive volume decrease started on 06-07-2024 with a volume of 33,550,551.10 USDT and ended on 11-07-2024 with a volume of 7,388,693.68 USDT, lasting for 5 days and representing a 77.98% decrease.
Price Volume Coorelation
During the longest volume increasing period price decrease from 0.5224 USDT to 0.496 USDT, which represents a -5.05% change.
During the longest volume decreasing period price decrease from 0.6685 USDT to 0.6221 USDT, which represents a -6.94% change.
Strategy
There is no trend formation at the moment. We should wait until a trend forms.
AXL – Axelar
Legal Disclaimer: This Chart and The Accompanying Analyses Are Not Investment Advice.
