Frax Share Price Prediction: Will FXS break out of consolidation

Frax Share Price Prediction: Will FXS break out of consolidation

1
Frax Share was currently at $11.12 with an increase of 12.41% during the intraday trading session.
2
The 24-hour low of FXS was $1.11 and the 24-hour high of FXS was $1.24.
3
The current Frax Share price is above 20, 50, 100, and 200-Days  EMA.
The pair of FXS/BTC was currently trading at 0.0004565 BTC with a rise of 11.64% over the intraday trading session.
Frax Share price analysis suggests that it is currently in a bullish phase. From starting of 2022 FXS was declining which indicates that the sellers were in control of the market. And after May 2022 sellers pushed FXS into a consolidation phase and it remained until the start of 2023. Bears pushed FXS down to its demand zone multiple times before 2023. After the start of 2023, FXS started rising but after breaking its primary support of $9.781 FXS became stranded near its primary resistance and started consolidating between its primary support and resistance.
With the appearance of bullish marubozu candlestick buyers

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We współpracy z: https://www.thecoinrepublic.com/2023/02/23/frax-share-price-prediction-will-fxs-break-out-of-consolidation/

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