For the past five days, Frax has been trading near its midway. The Stablecoins asset is down 0.59 percent from its five-day high of $0.991808772087097 and up 0.75 percent from its five-day low of $0.991808772087097.
Frax (FRAX) gets a neutral rating from InvestorsObserver Sunday. The Stablecoins asset is up 0.18% to $0.999200583 while the broader crypto market is down 2.2%.
Neutral
The InvestorsObserver Sentiment Score for Frax has been Neutral over the last five days. The Sentiment Score evaluates Frax’s performance over the previous five days in terms of volume and price change.
The Sentiment Score is a short-term snapshot of a cryptocurrency’s recent performance. This can help both short-term investors who want to ride a rally and long-term investors who want to purchase the downturn.
Price Levels
For the past five days, Frax has been trading near its midway. The Stablecoins asset is down 0.59 percent from its five-day high of $0.991808772087097 and up 0.75 percent from its five-day low of $0.991808772087097.
The price of Frax is currently hovering near resistance. With a support level of $0.993026748043291 and a resistance level of $1, might encounter selling pressures in the near future.
Frax has recently traded on minimal volume. This signifies that today’s volume is lower than the average for the previous seven days.
What is a token?
Tokens are digital assets that exist on another cryptocurrency’s blockchain.
Due to a lack of data, this crypto may be less suitable for some investors.
