EthereumFi (ETHFI) Daily Analysis
- $ETH price increased by 6.14% to $1.56 today.
- ETHFI showed a slight upward move from a key support zone.
- Technical indicators show a resistance zone around $2.50 - $3.00 and a support zone around $1.42 - $1.43.
- A downward trend line since April indicates that ETHFI is still in a downward trend.
- Recent price movements show a consolidation pattern near support, which could be preparing for a breakout.
- If ETHFI breaks up from the trend line, it may rise to $4.00.
- If it fails to break the trend line, the price may return to the $1.42 - $1.43 support zone.
- Holding this level will present another buying opportunity, while falling below will signal further weakness.
- Trade waiting for confirmation of a breakout or rejection.
- Consolidation near support could result in a sharp move, so be prepared for volatility!
The above is the detailed content of EthereumFi (ETHFI) Daily Analysis. For more information, please follow other related articles on the PHP Chinese website!
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