Frax Share (FXS)

2023年5月15日

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.

2023年8月15日

註釋

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

2023年11月10日

註釋

FXS broke the major downtrend line.