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%.
Frax has a Neutral sentiment reading. Find out what this means for you and get the rest of the rankings on Frax!
Neutral
Over the last five days, Frax has earned a Neutral rating on the InvestorsObserver Sentiment Score. The Sentiment Score measures the performance of Frax over the past five days by volume and price movement.The Sentiment Score provides a quick, short-term look at the crypto’s recent performance. This can be useful for both short-term investors looking to ride a rally and longer-term investors trying to buy the dip.
Price Levels
Frax is currently trading near its midpoint for the past five-days. The Stablecoins asset is 0.59% off its five-day high and is 0.75% higher than its five-day low of $0.991808772087097.Frax price is trading near resistance. With support set around $0.993026748043291 and resistance at $1, could face selling pressures soon.
Frax has traded on low volume recently. This means that today's volume is below its average volume over the past 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.
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