FXS belongs to the fractional algorithm stablecoin protocol, with part of its supply supported by collateral and part supported by algorithms.
Currently, the selling power of the market makers is weak, while retail investors are buying more concentratedly.
From the daily candlestick perspective, the KDJ and MACD indicators are both showing a golden cross and are moving upward.
The golden cross in the four-hour trend is also continuing to rise.
At this moment, the trading volume is in an expanding phase, just at the beginning of a rebound, a rare opportunity not to be missed, with the current price at 3.307, which is the right time to enter the market.
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