FXS kainų analizė: ar tai žetono atsekimas, ar tendencijos pasikeitimas?

  • Žetonas prekiauja virš jo pagrindinių slenkančių vidurkių.
  • The pair of FXS/USDT is trading at the price level of $9.600 with a decrease of -6.90% in the past 24 hours.

In the past few weeks, the FRAX (FXS) token has gained more than 150%, forming a strong bullish candle on the daily chart with high volumes. FXS is an ERC-20 token that was created on the Ethereum network. Its key applications include governance, minting, staking, and redeeming FRAX, as well as liquidity incentives.

FXS token on the daily chart

Šaltinis: „TradingView“

The token has strongly broken over the resistance level, forming bullish candles with a huge body. According to the daily chart, FXS token is currently trading at $9.600, indicating a -6.90% loss in the last 24 hours. The token has crossed and sustained above its key Moving Averages of 50 and 200 EMA. (Red line is 50 EMA and the blue line is 200 EMA).

Santykinio stiprumo indeksas: The asset’s RSI curve is currently trading at 57.12, just above the 50-point mark. As the token forms a strong bearish candle, the RSI curve value falls. The RSI curve has crossed below the 14 SMA, indicating bearishness. The uptrend has come to a halt and is about to retrace. If the bulls are able to maintain their bullish momentum after a retracement, the RSI curve will begin to rise again.

Analitiko požiūris ir lūkesčiai

After breaking through the $7.643 resistance level, the token is set to retrace. The token which takes retracement after the breakout is often said to be a successful breakout. Investors should hold their buys and wait for the token to retrace and show signs of bullish momentum before buying. Intraday traders, on the other hand, have a good opportunity to go short and aim towards $7.643 and book profits based on their risk to reward ratio.

According to our current Frax Share price prediction, the value of Frax Share is expected to climb by 13.50% over the next several days, reaching $ 11.00. Our technical indicators indicate that the current sentiment is bearish, with the Fear & Greed Index reading 56. (Greed). Over the previous 30 days, Frax Share had 19/30 (63%) green days and 30.05% price volatility. According to our Frax Share forecast, now is not a good time to buy Frax Share.

Techniniai lygiai

Pagrindinis palaikymas: 8.343 ir 7.643 USD

Pagrindinis pasipriešinimas: 11 USD ir 13.849 USD

Išvada

Šios žetonas after showing bullish momentum is now heading for a retracement and is not advised for the investors to buy now. They should wait for a clear indication before acting.

Dėmesio: Autoriaus ar bet kurių šiame straipsnyje įvardytų žmonių išsakytos pažiūros ir nuomonės yra tik informacinio pobūdžio ir neįtvirtina finansinių, investicinių ar kitų patarimų. Investuojant į kriptovaliutų turtą arba prekiaujant juo, kyla finansinių nuostolių rizika.

Naujausi Andrew Smitho įrašai (pamatyti visus)

Source: https://www.thecoinrepublic.com/2023/02/01/fxs-price-analysis-is-this-a-retracement-or-a-trend-reversal-for-the-token/