Frax Share (FXS)

15 May 2023

The Frax Protocol is the first fractional-algorithmic stablecoin system. Its FXS governance token analysis is straightforward: an impulse wave followed by corrective wave which seems ended at 0.618 Fibonacci retracement. Then price consolidated in a box for a long time and finally breaks upward. Let's see if FXS can breaks the major downtrend line.

15 Ağu 2023

Not

So, FXS is still trying to break the major downtrend line. Let's see what happens.

10 Kas 2023

Not

FXS broke the major downtrend line.