🐳#FXS (x32.5556)
🌀7.3720 USDT
💵240 USDT
The Frax Protocol is the first fractional-algorithmic stablecoin system. Frax is open-source, permissionless, and entirely on-chain – currently implemented on Ethereum (with possible cross chain implementations in the future). The end goal of the Frax protocol is to provide a highly scalable, decentralized, algorithmic money...
FXS Coin: Short Fundamentals, Recent News, and Disclaimer
Fundamentals:
FXS (Frax Share): The governance token of the Frax Shares Protocol, a decentralized finance (DeFi) protocol for the algorithmic stablecoin FRAX.
Launched: November 2020.
Market Cap: ~$420 million (as of Feb 23, 2024).
Rank: #142 on CoinGecko.
Unique Features:
Fractional-algorithmic...
Hello Trading view Family / Fellow Traders.
I hope you have used and benifited from the previous analysis .
In today trading session we are monitoring FXSUSDT for a buying opportunity..
FXSUSDT UPDATE
Symmetrical triangle Formation in 1D Timeframe...
In case of Upside Breakout Expecting Massive Bullish Wave📈
Moving As Expected Running In 50% Profit ✍️
Trading suggestion:
". There is a possibility of temporary retracement to the suggested support line (26.948).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. FXSUSDT is in a range bound, and the beginning of an uptrend is expected.
. The price is below the 21-Day WEMA, which acts as a...
Trading suggestion:
". There is a possibility of temporary retracement to the suggested support line (19.436).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. FXSUSD is in an uptrend, and the continuation of the uptrend is expected.
. The price is above the 21-Day WEMA, which acts as a...
