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Here is how one algorithmic indicator anticipated multiple phases of FXS’ protracted rally -Breaking


FXS (Frax Share) is one of few altcoins that has managed to maintain a strong price performance in the midst of the market downturn of 2021-2022. The FXS price was up 128% versus the U.S. Dollar and 159% versus (January 14th, 2022).BTC). FXS also topped charts for historically bullish trading conditions multiple times during this time. What is behind the token’s recurring strong trading outlook?

Governance of a stablecoin environment

FXS is the utility token underpinning the Frax ecosystem — a stablecoin protocol that seeks to occupy a middle ground between entirely collateralized and entirely algorithmic stablecoins, thus harnessing the advantages of both designs.

Curve Wars Winner

Green means go

VORTECS™ Score (green/gray) vs. FXS price, Dec. 17 – 24. Source: Cointelegraph Markets Pro
VORTECS™ Score (green/gray) vs. FXS price, Jan. 6 – 13. Source: Cointelegraph Markets Pro

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