2026-01-18 19:24:31

FRAX holding steady at $1.09 after the recent rebrand buzz. The migration mechanics coupled with institutional reserve backing (notably BUIDL-related flows) sparked a notable 41% rally that peaked near $1.24. Trading activity remains robust at $40M in daily volume, suggesting solid interest levels.

From a technical perspective, keep an eye on two critical zones—the $1.16 resistance above and the $1.02 support below. How these levels hold will likely dictate the next directional move. The current price action shows the token maintaining ground, though momentum will depend on sustained participation.

#FRAX #CryptoMarkets #TradingSignals

FRAX43,88%

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DegenWhisperer

· 5h ago

A 41% increase looks good, but it's a bit awkward to be stuck at 1.09 now... Can it break through 1.16? It still seems to depend on whether the institutions will give us some support in this round.

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BearMarketMonk

· 5h ago

A 41% increase? I haven't felt it yet, still waiting for $1.02 to break. Institutions are pouring so much into BUIDL, can they really stabilize the market... It looks like a false fire. That $1.16 hurdle is a bit tough; if it can't break through, we'll have to retest.

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AllInDaddy

· 5h ago

Frax's recent surge is indeed strong, but the 1.16 resistance level was unable to be broken so quickly... It's a bit concerning. It feels like the institutions are trying to shake out traders this time; don't get caught. A 41% increase sounds great, but the key is whether it can hold above 1.02. An average daily volume of 40M... not particularly exaggerated, but it depends on what happens next. BUIDL liquidity support sounds good, but I'm worried they'll run once the hype dies down. Fluctuating between 1.16 and 1.02, this is just testing patience.

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DancingCandles

· 5h ago

A 41% increase directly pushed it to $1.24. This BUIDL liquidity wave is really intense. Can $1.16 hold? It feels like it might test lower. $40M daily trading volume. Are institutions absorbing the chips or what? Once it breaks $1.02, it's showtime...

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