$1.00
$0.00 (0.19%)
End-of-day quote: 2022-10-25
FRAX/USD

Is Frax doing well?

No, because the price is below all three moving averages, it is in a downtrend.

EMA 200-day line
EMA 100-day line
EMA 50-day line
SMA 200-day line
SMA 100-day line
SMA 50-day line

The Frax Forecast for 2023

Let's look at the one-year forecast since it is the most accurate of the analysts' predictions.

Analysts offered a wide range of forecasts for the Frax price over the next year. The most optimistic forecast for the price target was $1.17, implying an 87 percent increase in 12 months, but the worst-case scenario anticipated a fall to as low as $0.89.

The most up-to-date average price target for the year ahead is $1.01.

That would represent a potential gain of 1.39 percent.

FRAX - Relative Strength Forecast

Frax broke through the 25 strength line from above on and then changed into a trend, which thereby generated sell signals that lasted one month.

FRAX - Trend Prediction

FRAX - Price Volatility Prediction

FRAX - Relative Strength

FRAX - Momentum Forecast

In we then see weak volatility for Frax for a longer period of time which led to negative signals for Frax.

What Does the Future Hold for Frax In 2025-2030?

Frax's long-term prospects look promising. The average price target for Frax by the end of 2020 was $1.04, according to seven analysts. Their five-year forecast projects the price of Frax to be $1.07 by 2025. By 2030, the long-term prediction is $1.12.