The current price of Legacy Frax Dollar (FRAX) is $0.993482, reflecting a minor decline of 0.03375% over the last 24 hours. The daily price range has been narrow, fluctuating between a high of $0.996246 and a low of $0.991455, indicating low volatility in the market.

Volume has reached approximately 1,200,112, which represents a volume-to-market cap ratio of 0.43%. This suggests a relatively low trading activity compared to its market capitalization, potentially indicating a lack of strong buying interest at this price level.

Technical indicators show that the short-term moving averages (8 SMA, 13 SMA, 21 SMA, 55 SMA) are clustered around $0.9938 to $0.9939, all demonstrating minor declines. The 1-hour RSI is at 43, suggesting that FRAX is approaching oversold territory, while the 7-day RSI sits at neutral at 50, providing no strong directional bias.

From a price performance perspective, FRAX has seen a slight increase of approximately 0.02% over the last week, while the 14-day and 30-day changes indicate more substantial declines of -0.27% and -0.11%, respectively. This suggests that while short-term momentum may be stabilizing, the longer-term trend remains bearish.

Given that FRAX is trading close to $1.00, its historical all-time high of $1.14 from February 2021 remains a significant resistance level. Current market conditions, characterized by low volatility and mixed technical indicators, imply that investors should be cautious.

Overall, the combination of low volume, a neutral RSI, and recent bearish price trends suggests a Hold rating for FRAX. While it is not yet showing clear signs of recovery, the proximity to $1.00 could provide a potential entry point for buyers if momentum shifts positively.