How does the trend of FRAX look? Based on the current technical and market conditions, the first major resistance level is around 1.28. If this level can be broken, there may be further upside potential. However, the crypto market is risky, and everyone's risk tolerance is different. It's best to develop a trading plan based on your own holdings and risk preferences, and avoid blindly following the trend. Interested friends can analyze this asset on their own.
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orphaned_block
· 01-15 14:56
I'm also paying attention to the 1.28 level; it feels like a breakthrough is needed for it to be meaningful.
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MevHunter
· 01-15 14:50
Can 1.28 really break this level? I’m skeptical; it’s been stuck here several times before.
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fren.eth
· 01-15 14:48
Level 1.28 looks a bit daunting; once you break through, you'll really take off.
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GasWaster
· 01-15 14:44
I'm also watching the 1.28 level, but to be honest, recently FRAX has been quite volatile and can't seem to break through no matter what.
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BasementAlchemist
· 01-15 14:32
1.28 at this level looks a bit uncertain to me.
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StablecoinArbitrageur
· 01-15 14:31
ngl, 1.28 resistance is kinda arbitrary without looking at actual order book depth and liquidity pool positions. have you checked the correlation between frax movements and usdc spreads across cex/dex? that's where the real inefficiency lives imo
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CascadingDipBuyer
· 01-15 14:28
I've listened to the 1.28 level several times, but it just won't break through. It's a bit frustrating.
How does the trend of FRAX look? Based on the current technical and market conditions, the first major resistance level is around 1.28. If this level can be broken, there may be further upside potential. However, the crypto market is risky, and everyone's risk tolerance is different. It's best to develop a trading plan based on your own holdings and risk preferences, and avoid blindly following the trend. Interested friends can analyze this asset on their own.