Frax Ether (FRXETH) is currently priced at $3,022.06, reflecting a 3.24% increase over the last 24 hours. The price has fluctuated between $2,913.27 and $3,016.02 during this period, indicating a daily range of 102.75%, which suggests heightened volatility.

The trading volume over the past 24 hours stands at 1,297,477, corresponding to a market cap volume ratio of 0.45%. The hourly moving averages show a consistent upward trend, with the 55 SMA at $2,917.10 demonstrating a growth of 3.60%, which is a positive sign for short-term traders.

The 1-hour Relative Strength Index (RSI) is significantly high at 85, indicating that FRXETH is currently overbought in the short term. Conversely, the 7-day RSI at 52 suggests a neutral stance, while the 14-day price change of -2.03% indicates some medium-term weakness.

Despite the recent positive momentum, the longer-term outlook shows a mixed performance with a 30-day price change of 1.47%, suggesting a potential stabilization. The all-time high for FRXETH remains at $4,906.89, achieved on August 24, 2025, indicating substantial room for growth if market conditions favor recovery.

Given the current overbought conditions in the short term, alongside neutral longer-term indicators, a cautious approach is warranted. Thus, the recommendation is to Hold FRXETH for the time being, allowing for the possibility of a price correction while monitoring market developments closely.