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Expecting a rebound at the blue highlighted range for $AXS #AXS

Back in late February, blockchain interoperability protocol Axelar (AXL) announced a partnership with American fintech firm Ripple to improve the interoperability of the XRP Ledger (XRPL), creating seamless connectivity with numerous blockchain networks. Axelar’s integration will further amplify XRPL’s use cases, unlocking cross-chain applications and potentially boosting XRP adoption among developers and enterprises. The collaboration places XRPL in a broader multi-chain environment, which could attract liquidity and stimulate demand for XRP as it becomes more functional beyond its traditional remittance use case. Notably, adding to the upbeat sentiment around Axelar, Canary Capital filed an S-1 registration with the United States Securities and Exchange Commission (SEC) to launch an exchange-traded fund (ETF) tracking the Axelar (AXL) token. The ETF would offer exposure to AXL’s cross-chain capabilities across key ecosystems, including XRPL, Hedera, Stellar, Solana, and Bitcoin. The news has already sparked a 14% surge in AXL’s price, according to CoinMarketCap data . Adding to the momentum, Brian Brooks, former US Comptroller of the Currency, has joined the Axelar Foundation as an advisor. His involvement suggests that institutional players are increasingly recognizing the value of cross-chain infrastructure, potentially extending to broader market sentiment regarding XRP. At the time of writing, XRP trades at $$2.51, up 1.31% in the past 24 hours. The daily chart provided by TradingView below shows that the Relative Strength Index (RSI) sits at 50.25, hovering around the neutral zone. Related: XRP Will Head For $13 Soon If The Altcoin Meets Certain Conditions — Analyst This implies that XRP is neither overbought nor oversold, leaving room for both upward and downward movement. The gradient of the line points to measured movement in the near term. Related: Ripple CTO David Schwartz Confirms XRP Sales Are Necessary to Fund Operations, Prioritizing Company Interests The MACD (Moving Average Convergence Divergence) shows that the MACD line (blue) is above the signal line (orange) with the histogram showing bullish momentum with green bars. The 20-day Exponential Moving Average (EMA) has been reclaimed and investors might see XRP retest this level at $2.48. Disclaimer: The information presented in this article is for informational and educational purposes only. The article does not constitute financial advice or advice of any kind. Coin Edition is not responsible for any losses incurred as a result of the utilization of content, products, or services mentioned. Readers are advised to exercise caution before taking any action related to the company.

Some highlights of the crypto summit will be held tomorrow A question arises : Will the cryptocurrency build its building on the central point of the market? the White House Crypto Summit on Friday unveils the hidden crypto further plans. The first-of-its-kind event could potentially mark the launch of the U.S. strategic crypto reserve. Most of the industry leaders and members of President Donald Trump's crypto task force are expected to attend. ⁿMeanwhile, bitcoin and cryptocurrency prices rebounded modestly on Wednesday, ahead of the summit. The White House Crypto Summit will take place from 1:30 p.m. to 5 p.m. ET on Friday, March 7. David Sacks, President Trump's AI and crypto czar, is expected to lead the affair. Bitcoin and ethereum are two blue-chip cryptos that were considered prime candidates for the strategic reserve. But the inclusion of SOL, XRP, and ADA was a bit of a surprise.. People are anxiously  waiting for the day . They want something new and a plan for digital currency. Bull run expected to happen , you will see the rise in alt coins as well as big crptos to rise at peak .

With March underway are you betting on AI tokens $DEFI DeFi $MEME memecoins or blue chip cryptos like $BTC BTC & $ETH ETH? Some sectors are heating up where do you see the biggest opportunities this month? Share your bullish picks!

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