Three Cryptocurrencies Soaring Rapidly Due to New Catalysts Fueling Significant Changes
Mid-Cap Token Surge: A wave of volatility is boosting mid-cap tokens like Axelar, Pippin, and Pieverse, driven by major exchange listings, liquidity shifts, and new interoperability roles.
Pieverse's Momentum: Pieverse has seen a 50.8% increase this week, fueled by listings on Binance and OKX, and a significant rise in speculative activity due to the launch of 40x perpetual futures.
Axelar's Growth: Axelar's value has risen by 18.5% as it becomes the primary bridge for the XRP Ledger's EVM-compatible sidechain, with a notable increase in daily active addresses and trading volume.
Pippin's Performance: Pippin leads with a 96% weekly increase, driven by liquidity tightening and whale accumulation, although risks remain due to high supply concentration and lack of recent development.
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Technical Analysis for WAXL
Technical Sentiment Analysis for Axelar (WAXL) As of , Axelar (WAXL) is exhibiting a Neutral technical sentiment. Our proprietary analysis, which aggregates 0 technical signals, shows that 0 indicators are flashing buy, while 0 are indicating sell.
Momentum Indicators: RSI, MACD & Overbought/Oversold Status Currently, the Relative Strength Index (RSI) for WAXL stands at -, which suggests a Neutral condition. Meanwhile, the MACD (12, 26) indicator is at -, providing a Neutral signal for short-term momentum. Other oscillators like the Stochastic Oscillator at - and the Commodity Channel Index (CCI) at - further confirm a - outlook for the stock.
Support, Resistance & Moving Averages From a structural perspective, WAXL is trading below its 60-day moving average of $- and below its 200-day long-term moving average of $-. Key price levels to watch include the immediate resistance at $- and strong support at $-. A break above $- could signal a bull continuation, while falling below $- may test the next Fibonacci floor at $-.
Axelar (WAXL) Support & Resistance Level
| Name | S3 | S2 | S1 | Pivot Points | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Classic | - | - | - | - | - | - | - |
| Fibonacci | - | - | - | - | - | - | - |
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