Frax Ether (FRXETH) is currently priced at $2,886.60, showing a 24-hour increase of 3.06%. The daily range is significant at 185.67%, with a 24-hour high of $2,943.21 and a low of $2,757.54, indicating high volatility.

Trading volume is at 603,579 with a market cap volume ratio of 0.21%, reflecting relatively low trading activity compared to its market cap. The hourly moving averages indicate mixed short-term trends, with the 8 SMA and 13 SMA showing slight declines, while the 21 SMA and 55 SMA are trending upward, suggesting potential bullish momentum.

The 1-hour RSI is at 63, indicating that FRXETH is nearing overbought conditions in the short term. Conversely, the 7-day RSI is at 47, suggesting that the asset may be neutral to slightly oversold over a longer timeframe, with recent price changes of -1.70% over the past week, -17.57% over the past 14 days, and -26.14% over the last month.

Frax Ether remains significantly below its all-time high of $4,906.89, reached on August 24, 2025, presenting a considerable distance for potential recovery. The current price action and technical indicators suggest the asset is stabilizing but faces resistance around the $2,900 mark.

Given the mixed signals from moving averages and RSI readings, the recommendation for Frax Ether is to Hold. This position allows for the observation of upcoming price movements, particularly as the 55 SMA supports a bullish outlook, while short-term resistance remains near $2,900.