RSI Hunter
Tuesday, June 3, 2025
$3.44T -0.02% | $97.17B | BTC.D 60.93%

Icon Legacy Frax Dollar FRAX

Current Price

$1.0000 +0.02%

$0.0040 Daily Range (0.40%)
$0.9980$1.00
$3.88M Daily Volume
36 BTC
Vol/MktCap: 1.23%
Relative Strength

61

Resistance Zone

HTF: 52 (Neutral)


Market Performance

Icon -2.34%  0.00000938 BTC

Icon -4.59%  0.0004 ETH

Icon -0.01%  0.9990 USDT

Icon -3.93%  0.4464 XRP

Icon -1.83%  0.0015 BNB


0.02% Relative BTC Volume

The total volume of Legacy Frax Dollar is $3.88M over the past 24 hours, compared to $25.27B total Bitcoin volume.


Hourly Moving Average

8 SMA $0.9997   +0.02%

13 SMA $0.9997   +0.02%

21 SMA $0.9997   +0.03%

55 SMA $0.9997   +0.03%

144 SMA $0.9995   +0.05%

 Price Performance
+0.03% 1 Hour Change
$1.0000 from $0.9996
+0.05% 7 Day Change
$0.0005 from $0.9995
-0.26% 14 Day Change
-$0.0026 from $1.00
-0.11% 30 Day Change
-$0.0011 from $1.00

 All Time High
February 7, 2021
$1.14 -12.32%
-$0.1404 vs. now
 Rank #233
$314.89M Market Cap
2,954 BTC
24H Change
53.49K USD +0.02%
1 BTC

 Volume and Supply
Total Supply: 314.90M FRAX Icon
314.90M FRAX Available
100.00% circulating A lower circulating supply may increase over time, reducing scarcity and potentially causing a drop in price. A higher circulating supply is less susceptible to dilution, offering the potential for a more stable price long-term.
Relative Supply Ratio
15.00 x BTC Supply Icon = IconIconIconIconIconIconIconIconIconIconIconIconIconIconIcon
15:1 supply ratio
RSR reflects potential differences in tokenomics, such as inflation rates, utility, or burn mechanisms, which can impact long-term value and scarcity.
Relative Trade Volume
3.88M FRAX Icon traded over past 24 hours
1.23% of circulating supply A higher trade volume relative to market cap indicates strong market activity and liquidity, while a lower ratio may suggest reduced interest, lower liquidity, or potential price stagnation.
Conversion Tool
Legacy Frax Dollar AI Market Analysis
The current price of Legacy Frax Dollar (FRAX) is 0.999732 USD, showing a minor 24-hour change of 0.04042%. The daily price range has been tight, with a high of 1.002 and a low of 0.998018, indicating low volatility in the short term.

Trading volume stands at 4,128,245, which corresponds to a volume-to-market cap ratio of 1.31%, suggesting moderate interest in trading activity. The hourly moving averages reflect stability, with the 8 SMA at $0.9997 and the longer-term 144 SMA at $0.9995, indicating that the price is consolidating around the 1 USD mark.

The 1-hour RSI is at 57, suggesting a mildly bullish momentum, while the 7-day RSI is neutral at 51, indicating a lack of strong directional bias over the longer term. However, the price has decreased over the past 7 days by approximately 0.02% and has seen a more significant drop of around 0.13% over the last 30 days, pointing to a bearish trend in the medium term.

Despite the minor short-term bullish signals, the overarching trend indicates weakness over the past month. Given the current price stability near the dollar peg, combined with the technical indicators showing no strong upward momentum and a recent downward trajectory, the recommendation is to Hold.

In summary, while FRAX maintains its peg to the USD, the lack of significant upward momentum and recent declines suggest caution. Therefore, the rating is Hold, with a recommendation to monitor for signs of recovery or further decline before making additional investment decisions.

Updated 58 minutes ago.

Legacy Frax Dollar Relative Price at Market Cap of:
Icon
#1  Bitcoin

$6,727.02 +672612.19%
Icon
#2  Ethereum

$1,012.84 +101185.28%
Icon
#6  Solana

$268.89 +26789.27%
Icon
#10  Cardano

$79.57 +7856.83%
Icon
#25  USDS

$22.15 +2115.48%
Icon
#75  Celestia

$4.80 +380.37%
Icon
#125  Pyth Network

$2.26 +126.00%
Icon Legacy Frax Dollar TradingView Chart
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