$AXL As of today, AXL (Axelar) is experiencing a bearish trend, currently priced at $0.8156, reflecting a slight decline of approximately 3.84% over the past 24 hours. Despite this downturn, Axelar's fundamental positioning remains robust. It has secured significant backing from reputable investors like Binance and Coinbase Ventures, which indicates strong confidence in its cross-chain communication capabilities.

Looking forward, analysts project that AXL could stabilize around the $0.80 level. A break below this point might suggest further selling pressure, with potential sell targets around $0.75. Conversely, if AXL regains momentum, a recovery to $1.00 could be on the horizon as the demand for cross-chain interoperability continues to grow.

**Target Price:** $1.00

**Sell Price Update:** $0.75

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