Frax Ether (FRXETH) is currently priced at $3,108.05, reflecting a 24-hour change of 2.295%. The asset has experienced a daily trading range of 181.8%, with a high of $3,108.68 and a low of $2,926.88, indicating significant volatility.

Trading volume stands at 1,147,245, contributing to a volume-to-market cap ratio of 0.36%. The short-term moving averages (8 SMA and 13 SMA) show positive momentum, rising 4.03% and 4.12% respectively, while the longer-term averages (144 SMA) indicate a bearish trend, declining by 1.52%.

The 1-hour RSI is at 68, suggesting that FRXETH is nearing overbought territory, while the 7-day RSI of 46 indicates a neutral position, reflecting selling pressure over the past week. Notably, the asset has seen a 7-day price change of -9.41%, a 14-day decline of -10.28%, and a 30-day drop of -21.26%, highlighting a longer-term bearish trend.

Frax Ether's all-time high was recorded at $4,906.89 in August 2025, suggesting that there is considerable room for recovery. However, the recent downward trends and high volatility may deter potential buyers from entering at current levels.

Given the mixed signals from moving averages and RSI indicators, along with significant recent declines, the recommendation is to Hold. This allows investors to reassess the market dynamics while avoiding potential losses in a volatile environment.