FRAX - FRAX/USD
FRAX - FRAX/USD
- USD (-)
- Real time data - CoinMarketCap
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Type: Cryptocurrencies
Ticker: FRAXUSD
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FRAX - FRAX/USD - 1H - Technical analysis published on 04/20/2025 (GMT)

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  • Timeframe : 1H
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Summary of the analysis

Trends
Short term: Strongly bearish
Underlying: Strongly bearish
Technical indicators
17%
67%
17%
My opinion
Bearish under 0.999241 USD
My targets
0.997252 USD (-0.15%)
My analysis
All elements being clearly bearish, it would be possible for traders to trade only short positions (for sale) on FRAX - FRAX/USD as long as the price remains well below 0.999241 USD. The sellers' bearish objective is set at 0.997252 USD. A bearish break of this support would revive the bearish momentum. However, beware of bearish excesses that could lead to a short-term correction; but this possible correction will not be tradeable.

In the very short term, the general bearish sentiment is confirmed by technical indicators. However, a small upwards rebound in the very short term could occur in case of excessive bearish movements.
Force
0
10
7.7

Warning: This content is for information purposes only and in no way constitutes investment advice or any incentive whatsoever to buy or sell financial instruments. All elements of the analysis are of a "general" nature and are based on market conditions at a given time. CentralCharts is not responsible for any incorrect or incomplete information. Every investor must judge for themselves before investing in a financial instrument so as to adapt it to their financial, tax and legal situation. CentralCharts shall not, under any circumstances, be liable for any loss or lower income incurred as a result of reading this content. Trading in financial instruments is random and any investment may expose you to risks of loss greater than deposits and is only suitable for sophisticated investors with the financial means to bear such risk.

This analysis was given by Londinia. Take part yourself by sharing additional analysis on another time unit:
15 min. Daily

Additional analysis

Quotes

The FRAX - FRAX/USD price is 0.998785 USD. The price registered a decrease of -0.09% on the session with the lowest point at 0.998223 USD and the highest point at 0.999927 USD. The deviation from the price is +0.06% for the low point and -0.11% for the high point.

0.998223
0.999927
0.998785

A study of price movements over other periods shows the following variations:
The Central Records scanner, which identifies the highest / lowest, has detected several elements:

Central Records

Near a new LOW record (1 year)

Type : Bearish

Timeframe : Weekly


Near a new LOW record (1st january)

Type : Bearish

Timeframe : Weekly


Near a new HIGH record (1 month)

Type : Bullish

Timeframe : Weekly



Technical


Technical analysis of this 1H chart of FRAX - FRAX/USD indicates that the overall trend is strongly bearish. The signals given by moving averages are 92.86% bearish. This strong bearish trend is confirmed by the strong signals currently being given by short-term moving averages. The Central Indicators market scanner is currently detecting a bearish signal that could impact this trend:

Central Indicators

Moving Average bearish crossovers : MA50 & MA100

Type : Bearish

Timeframe : 1 hour



In fact, 12 technical indicators on 18 studied are currently positioned bearish. Caution: the Central Indicators scanner currently detects an excess:

Central Indicators

CCI indicator is oversold : under -100

Type : Neutral

Timeframe : 1 hour

Central Indicators, the scanner specialised in technical indicators, has identified these signals:

Central Indicators

Ichimoku : price is under the cloud

Type : Bearish

Timeframe : 1 hour


Price is back under the pivot point (Daily)

Type : Bearish

Timeframe : Weekly


Williams %R indicator is back under -50

Type : Bearish

Timeframe : 1 hour



The analysis of the price chart with Central Patterns scanners does not return any result.

There is also a Japanese candlestick pattern detected by Central Candlesticks that could mark the end of the current short-term trend:

Central Candlesticks

Doji

Type : Neutral

Timeframe : 1 hour




ProTrendLines
S3
S2
S1
R1
R2
R3
Price


S3S2S1PriceR1R2R3
ProTrendLines 0.995332 0.997252 0.998490 0.998785 0.998874 0.999241 0.999538
Change (%) -0.35% -0.15% -0.03% - +0.01% +0.05% +0.08%
Change -0.003453 -0.001533 -0.000295 - +0.000089 +0.000456 +0.000753
Level Intermediate Intermediate Major - Intermediate Minor Minor



Pivot points can also be used to set your price objectives. Here is the price situation in relation to pivot points:

Daily
Pivot points S3 S2 S1 PP R1 R2 R3
Standard0.9972000.9977370.9987040.9992411.0002081.0007451.001712
Camarilla0.9992570.9993950.9995330.9996710.9998090.9999471.000085
Woodie0.9974150.9978450.9989190.9993491.0004231.0008531.001927
Fibonacci0.9977370.9983120.9986670.9992410.9998161.0001711.000745


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard0.9968910.9975820.9986270.9993181.0003631.0010541.002099
Camarilla0.9991940.9993530.9995120.9996710.9998300.9999891.000148
Woodie0.9970670.9976710.9988030.9994071.0005391.0011431.002275
Fibonacci0.9975820.9982460.9986550.9993180.9999821.0003911.001054


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard0.9889210.9916030.9950460.9977281.0011711.0038531.007296
Camarilla0.9968060.9973670.9979290.9984900.9990520.9996131.000174
Woodie0.9893030.9917930.9954280.9979181.0015531.0040431.007678
Fibonacci0.9916030.9939420.9953880.9977281.0000671.0015131.003853

Numerical data


The following is the status of technical indicators and moving averages registered at the time this technical analysis was created:

Technical indicators
Moving averages

RSI (14): 47.71
MACD (12,26,9): -0.0001
Directional Movement: -18.747421
AROON (14): -21.428571
DEMA (21): 0.999107
Parabolic SAR (0,02-0,02-0,2): 0.999833
Elder Ray (13): -0.000072
Super Trend (3,10): 0.999920
Zig ZAG (10): 0.999100
VORTEX (21): 0.9746
Stochastique (14,3,5): 39.22
TEMA (21): 0.998933
Williams %R (14): -58.82
Chande Momentum Oscillator (20): -0.000800
Repulse (5,40,3): -0.0694
ROCnROLL: 2
TRIX (15,9): -0.0009
Courbe Coppock: 0.12
MA7: 0.999514
MA20: 0.999365
MA50: 0.998674
MA100: 0.997477
MAexp7: 0.998997
MAexp20: 0.999254
MAexp50: 0.999372
MAexp100: 0.999444
Price / MA7: -0.07%
Price / MA20: -0.06%
Price / MA50: +0.01%
Price / MA100: +0.13%
Price / MAexp7: -0.02%
Price / MAexp20: -0.05%
Price / MAexp50: -0.06%
Price / MAexp100: -0.07%

Quotes : - Real time data - CoinMarketCap

This member declared not having a position on this financial instrument or a related financial instrument.

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