At an all-time high
USDFR is trading at or near the highest price it has ever reached ($1). Every holder is in profit, so there is little selling from people waiting to break even.
why / usdfr
Is Forest Road USDfr up or down today?
Forest Road USDfr (USDFR) is roughly flat today at +0.0% over 24 hours. It is trading at or near its all-time high. That is 2.0% better than the whole crypto market (−2.0%), so part of the move is specific to Forest Road USDfr.
USDFR 24h+0.04%
Whole market 24h−1.96%
Bitcoin 24h−2.12%
Link to BTC (30d)-0.35
Volume vs normal—
signals
What is moving Forest Road USDfr
Strongest signals first.
Doing better than the market
The total crypto market is −2.0% in 24 hours. USDFR is +0.0%, 2.0% better than the market, so part of the move is specific to Forest Road USDfr.
Why is the crypto market moving? →Moving on its own, not with Bitcoin
Over the last 30 days, USDFR's daily moves had a -0.35 correlation with Bitcoin (1 means identical direction). That is low: USDFR has mostly moved on its own lately, while Bitcoin is −2.1% today.
Bitcoin price →Market mood: Fear (30)
The Crypto Fear & Greed Index reads 30 out of 100, down from 51 yesterday. Sentiment is not extreme either way.
Fear & Greed Index →Liquidations, funding and open interest
See whether leveraged traders are being forced out of USDFR positions right now, on the chart, in the Blockdeck app.
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Keep exploring Forest Road USDfr
faq
Questions
Is Forest Road USDfr up or down today?
Forest Road USDfr (USDFR) is roughly flat today at +0.0% over 24 hours. It is trading at or near its all-time high. That is 2.0% better than the whole crypto market (−2.0%), so part of the move is specific to Forest Road USDfr.
Will Forest Road USDfr go back down?
Nobody can know that in advance, and Blockdeck does not make price predictions. What the data shows: USDFR is −0.01% over 7 days and +0.01% over 30 days. Check the live chart and the signals above, and never trade more than you can afford to lose.
How is this explanation made?
From measured market data, refreshed every few minutes: the whole market's move, USDFR's link to Bitcoin over 30 days, its sector, trading volume against its 30-day average, recent news, where the price sits in its range, and market sentiment. Nothing here is guessed or written by hand.
Explanations are built from market data and are not financial advice.