Frax (FRAX) has been relatively less volatile when compared to other cryptocurrencies. So far Monday, the Stablecoins has gained 0.02% to $0.9982983703.

The Volatility Gauge tracks this means that the rank represents its recent trends and isn’t overly influenced by a sudden spike – or two – in volatility.

FRAX’s low volatility reading comes with a low reading on the Risk/Reward Gauge, meaning that the token has relatively narrow price swings and is well protected from price manipulation.

Frax price is favorably positioned going forward. With support set at $0.99634394356018 and resistance set at $0.999087306940613. This positions Frax with room to run before facing selling pressures.

This article was originally published by a www.investorsobserver.com . Read the Original article here. .