XRP rally and RLUSD anticipation fuel activity on Xaman Wallet
Surge in User Activity: Xaman, a self-custodial wallet for the XRP Ledger, has seen a 250% increase in active weekly users, reaching over 212,000, driven by renewed interest in XRP and anticipation of the Ripple USD stablecoin launch.
Investment and Features: Formerly known as Xumm, Xaman was rebranded in May 2023 and supports smart contracts through the Xahau Network, leveraging indirect investments from Ripple's investment arm, Ripplex.
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Technical Analysis for AXL
Technical Sentiment Analysis for Axelar (AXL) As of , Axelar (AXL) is exhibiting a Neutral technical sentiment. Our proprietary analysis, which aggregates 7 technical signals, shows that 4 indicators are flashing buy, while 3 are indicating sell.
Momentum Indicators: RSI, MACD & Overbought/Oversold Status Currently, the Relative Strength Index (RSI) for AXL 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, AXL 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 (AXL) Support & Resistance Level
| Name | S3 | S2 | S1 | Pivot Points | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Classic | 0.0212 | 0.0355 | 0.0482 | 0.0625 | 0.0752 | 0.0895 | 0.102 |
| Fibonacci | 0.0355 | 0.0459 | 0.0522 | 0.0625 | 0.0729 | 0.0792 | 0.0895 |
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