Frax (FRAX) gets a bearish rating from InvestorsObserver Monday. The crypto is up 0.11% to $0.998799189 while the broader crypto market is down 0.75%.
Frax has a Bearish sentiment reading. Find out what this means for you and get the rest of the rankings on Frax!
Bearish
Over the last five days, Frax has earned a Bearish 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 crypto is 0.66% off its five-day high and is 0.53% higher than its five-day low of $0.993571102619171.Frax price is favorably positioned between support and resistance. With support set around $0.995131640795314 and resistance at $1, has some room to run before facing resistance.
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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