Frax Ether (FRXETH) is currently priced at $3,307.30, reflecting a significant 24-hour increase of 7.25%. The cryptocurrency has demonstrated notable volatility, with a daily range of $287.88, marking a high of $3,341.64 and a low of $3,053.76.

The trading volume over the last 24 hours stands at 714,937, indicating a Vol/Market Cap ratio of 0.22%. The upward trend is supported by moving averages across multiple timeframes, with the 8 SMA at $3,154.05 showing a gain of 4.86%, while the 144 SMA at $3,070.02 reflects an increase of 7.73%.

The 1-hour RSI is currently at 84, signaling that FRXETH is in an overbought condition in the short term, which could lead to a price correction. Conversely, the 7-day RSI is at 53, suggesting that the asset is stabilizing after a recent price increase, and the price has risen by 10.56% over this period.

Analyzing the longer-term trends, the 14-day price change indicates a robust increase of 14.48%, while the 30-day price change shows a decline of 6.05%, highlighting recent positive momentum following a period of underperformance. The all-time high for FRXETH remains significantly distant at $4,906.89, achieved on August 24, 2025, indicating potential room for growth if bullish sentiment continues.

Given the current overbought condition indicated by the 1-hour RSI and the strong recent upward trend, a cautious approach is warranted. Therefore, the recommendation is to Hold FRXETH for now, monitoring for potential price corrections while maintaining a bullish outlook based on the positive longer-term indicators.