{"id":370376,"date":"2023-01-19T14:57:03","date_gmt":"2023-01-19T19:57:03","guid":{"rendered":"https:\/\/insidebitcoins.com\/?p=370376"},"modified":"2023-01-19T15:05:02","modified_gmt":"2023-01-19T20:05:02","slug":"frax-share-fxs-price-prediction-as-fxs-continues-uptrend-in-market-stall-so-far","status":"publish","type":"post","link":"https:\/\/insidebitcoins.com\/news\/frax-share-fxs-price-prediction-as-fxs-continues-uptrend-in-market-stall-so-far","title":{"rendered":"Frax Share (FXS) Price Prediction as FXS Continues Uptrend in Market Stall (So Far)"},"content":{"rendered":"

\"FXS<\/p>\n

Although moving sideways since May, the FXS price retested the range low of $4.10 and then immediately shot up to the range high of $8.25 in the first two weeks of January–with a successful breakout on January 15.<\/p>\n

FXS’ price is currently at $10.22, up by 16.23% for the day, 67.25% for the week, and 126.42% YTD. As the cryptocurrency<\/a> continues to rise without any signs of slowing down, just how high can the FXS price go?<\/p>\n

Frax Share (FXS) Price Prediction and Technical Analysis<\/h2>\n

The 20-day, 50-day, and 100-day EMA of FXS are currently at $6.8545, $5.9262, and $5.7747 respectively, while the 200-day EMA is at $7.4606. With FXS’ price trading above all of these key levels, the EMA indicator suggests that the short to long-term trend of FXS is bullish and that it has the potential to move further to the upside.<\/p>\n

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I'm slightly late to this one but I've been digging into FXS and I like it. Seems like there is genuinely an underappreciated fundamental story here and ETH withdrawals are the perfect catalyst to bring this to light. Will have more detailed thoughts later.<\/p>\n

— Hal Press (@NorthRockLP) January 15, 2023<\/a><\/p><\/blockquote>\n