Image of FPI
FPIFrax Price Index
$1.17
9.65%
1D

Frax Price Index Analysis

Investment Score
A quick view into Frax Price Index's investment prospects.
5.9

The chart is fairly balanced right now, so waiting for stronger confirmation still makes sense.

What is helping
  • Price is holding above the volume-weighted average, which suggests the move still has volume-backed support.
  • Price is trading above the Hull Moving Average (9), which keeps the near-term trend supportive.
Main risks
  • ATR percentile is elevated, which signals a noisier market and a higher chance of sharp swings.
  • Price is too close to resistance relative to nearby support.
Market State Summary
Current regime
Bull Volatile
Confidence: 68%
Why this state?
  • FPI is above SMA50
  • SMA50 is above SMA200
  • SMA50 slope is negative over the last 10 days
  • 30-day return is positive
  • ATR volatility is above the 60th percentile of its trailing 180-day history
Suggested strategy

In the current Bull Volatile regime, the best-fit approach is Follow the trend, but tighten risk control. The broader trend is still bullish, but price swings are wider and less forgiving, so the upside bias remains intact while execution and risk control need to be tighter.

Trend
Bullish
FPI is trading above key moving averages and the medium-term trend is still rising.
Momentum
Neutral
RSI is 54.17, which is neither overbought nor oversold.
Volatility
Volatile
FPI ATR volatility is above the 60th percentile of its trailing 180-day history.
Key Levels
Resistance zone
$1.17 - $1.27
Active zone
$1.09 - $1.41
Support zone
$1.06 - $1.17
Chart Patterns
SMA50
SMA100
SMA200
RSI
Neutral
MACD
Bearish
ATR%
Volatile
Volume
Low
Support & Resistance

Frax Price Index support and resistance levels highlight key price zones where buyers and sellers are most active. This section helps identify likely breakout areas, pullback support, overhead resistance, and the current trading range so you can evaluate trend continuation, reversal risk, and near-term crypto price direction.

Support zone
$1.06 - $1.17
Resistance zone
$1.17 - $1.27
Active zone
$1.09 - $1.41
Levels Table
LevelZoneStrength
Support 1$1.06 - $1.17
Resistance 1$1.17 - $1.27
Active 1$1.09 - $1.41
Scenario Analysis
Bullish scenario

FPI clears the resistance zone at $1.17 - $1.27 and holds above it. That would strengthen the breakout case and shift attention to $1.17 - $1.27.

Bearish scenario

FPI loses the support zone at $1.06 - $1.17. That would weaken the setup and open the way toward $1.06 - $1.17.

Neutral scenario

FPI continues trading between $1.17 and $1.17. In that case, range-trading conditions remain active.

Technical Indicators

Technical indicators help summarize trend, momentum, volatility, and key price levels. They should not be used in isolation, but they can help identify whether a coin is trending, ranging, overextended, or approaching an important support or resistance level.

IndicatorValueSignalInterpretation
SMA50
$1.15
Bullish
FPI is trading above the 50-day average.
SMA200
$1.15
Bullish
FPI remains above the long-term trend line.
EMA50
$1.15
Bullish
FPI is holding above the 50-day exponential average, which supports the recent trend.
EMA200
$1.15
Bullish
FPI is above the 200-day exponential average, which keeps the longer-term structure constructive.
RSI (14)
54.17
Neutral
RSI (14) is at 54.17, which keeps momentum in a balanced range.
Stoch RSI (14)
98.33
Overbought
Stoch RSI (14) is high at 98.33, which shows momentum is pressing near its recent upper extreme.
MACD
-0.005248
Bearish
MACD is below its signal line.
ATR
6.90%
Volatile
Volatility is above its 180-day median.
VWMA
$1.15
Bullish
Price is above the volume-weighted average.
Commodity Channel Index (20)
23.46
Neutral
CCI (20) is at 23.46, which keeps price relatively close to its recent average.
Awesome Oscillator (5, 34)
$-0.01651
Bearish
Awesome Oscillator is below zero at $-0.01651, which supports bearish momentum.
Williams Percent Range (14)
-23.78
Neutral
Williams Percent Range (14) is at -23.78, which keeps price in the middle of its recent range.
Bull Bear Power (13)
$-0.005608
Bearish
Bull Bear Power (13) is negative at $-0.005608, which suggests sellers are controlling price relative to the EMA baseline.
Ultimate Oscillator (7, 14, 28)
49.72
Neutral
Ultimate Oscillator is at 49.72, which suggests momentum is balanced across its short, medium, and long windows.
Hull Moving Average (9)
$1.12
Bullish
FPI is trading above the Hull Moving Average (9), which supports the near-term trend.
Ichimoku Cloud B/L (9, 26, 52, 26)
$1.12
Bullish
FPI is trading above the Ichimoku base line, which supports bullish structure.
Assets Similar to Frax Price Index

Over the past 7 days, Frax Price Index price was most positively correlated with the price of XDC Network (XDC), TRON (TRX), Sun Token (SUN), Terra Classic (LUNC) and SPX6900 (SPX) and most negatively correlated with the price of PancakeSwap (CAKE), Dash (DASH), Zcash (ZEC), Jito (JTO) and Aster (ASTER).

Positively Correlated Currencies
NameCorrelation
Image of XDC NetworkXDC Network0.283
Image of TRONTRON0.273
Image of Sun TokenSun Token0.270
Image of Terra ClassicTerra Classic0.230
Image of SPX6900SPX69000.228
Negatively Correlated Currencies
NameCorrelation
Image of PancakeSwapPancakeSwap-0.280
Image of DashDash-0.243
Image of ZcashZcash-0.213
Image of JitoJito-0.202
Image of AsterAster-0.190

Frax Price Index price is positively correlated with the top 10 coins by market cap with a price of 0.025, excluding Tether (USDT) and positively correlated with the top 100 coins by market cap excluding all stablecoins with a price of 0.058. Currencies that are positively correlated with Frax Price Index indicate that the movement of one has a statistically significant weight to lead the other in the same direction. For currencies that are negatively correlated with Frax Price Index, a move in one direction for Frax Price Index would translate into a move in the opposite direction for the negatively correlated coin.

The CoinCheckup Cryptocurrency Price Tracker
Track over 40,000 crypto prices in real-time with ease.
Google Play Store link
4.3 • 10,000+ Ratings
Image of mobile app