Is Frax doing well?
No, because the price is below all three moving averages, it is in a downtrend.
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 - Trend Prediction
FRAX - Price Volatility Prediction
FRAX - Relative Strength
FRAX - Momentum Forecast
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.