Crypto Flexs
  • DIRECTORY
  • CRYPTO
    • ETHEREUM
    • BITCOIN
    • ALTCOIN
  • BLOCKCHAIN
  • EXCHANGE
  • ADOPTION
  • TRADING
  • HACKING
  • SLOT
Crypto Flexs
  • DIRECTORY
  • CRYPTO
    • ETHEREUM
    • BITCOIN
    • ALTCOIN
  • BLOCKCHAIN
  • EXCHANGE
  • ADOPTION
  • TRADING
  • HACKING
  • SLOT
Crypto Flexs
Home»TRADING NEWS»Ether.Fi price broke above a major resistance level. What’s next for $10?
TRADING NEWS

Ether.Fi price broke above a major resistance level. What’s next for $10?

By Crypto FlexsMay 26, 20242 Mins Read
Facebook Twitter Pinterest LinkedIn Tumblr Email
Ether.Fi price broke above a major resistance level.  What’s next for ?
Share
Facebook Twitter LinkedIn Pinterest Email
  • Ether.Fi price rose 10%, hitting a new high of $5.35 amid recent upward momentum, as altcoins are expected to rebound.
  • If bullish sentiment prevails, ETHFI could target $10.

Ether.Fi price rose 10%, reaching a seven-week high of $5.35 for ETHFI, the native token of the Ethereum liquidity re-staking platform.

Importantly, Ether.Fi price at current levels is trading above important support and resistance areas.

With the price up 47% in the past week, could the uptrend strengthen and reach $10? The last break above $5 saw ETHFI rally to an all-time high of $8.53 on March 27th.

Ether.Fi launches ether.fi Cache

On May 24, the Ether.Fi team announced the launch of ether.fi Cash, a mobile wallet and Visa credit card that allows users to store, spend, or invest their ether.fi assets.

Cash allows users to borrow or pay for everyday transactions using USDC. Users can also use equity and liquid rewards to pay off their balances.

“Cash is the third in a trilogy of products: ether.fi Stake, ether.fi Liquid and ether.fi Cash. Combining these integrated products will allow users to store, invest, and spend cryptocurrencies so they never have to leave the frame again,” the protocol stated in the announcement.

ETHFI price soars above $5

As Ethereum surged earlier this week, ETHFI prices surged along with major altcoins, according to data from CoinGecko. ETH price reacted sharply to news of the impending approval of a spot ETF, reaching a high of $3,900.

The upward momentum also affected ecosystem tokens, with ETHFI rebounding from its low of $3.23.

Read more: Ether.Fi (ETHFI) token dump after trading debut

The price faced initial rejection at horizontal resistance, but a retest of this area showed an uptrend hitting $5.35 on May 23.

The Relative Strength Index (RSI) on the daily chart is 66, indicating that buyers have the upper hand. Additionally, the MACD indicator is strengthening above its signal line, reflecting an overall bullish outlook for ETHFI.

If the bulls turn the key resistance area into a strong support area, we could see a surge to $6.14, targeting ATH.


Share this article

category

Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

Related Posts

XRP price prediction by reducing the volume of RLUSD (RIPPLE USD)

June 7, 2025

Why is the ecosystem of the SEI network boom in the second quarter?

June 6, 2025

Why is the ecosystem of the SEI network boom in the second quarter?

June 6, 2025
Add A Comment

Comments are closed.

Recent Posts

Solana (SOL) introduces Alpenglow for faster blockchain agreement.

June 7, 2025

The Foresight Ventures report shows a collection shift where more than 32,000 sellers around the world accept encryption.

June 7, 2025

$ AB is live on Binance, guiding the new era of new cross chain asset mobility.

June 7, 2025

Trump memoin is faced with a $ 520m lock in July and the price drops by 85%.

June 7, 2025

Vaneck launches GPZ ETF for alternative asset managers.

June 7, 2025

Apple, X, Airbnb Eye Stablecoin Integration

June 7, 2025

Strategy to raise almost $ 1B by STRD priority proposal for BTC accumulation

June 7, 2025

Hash research CEO is appointed chief policy officer at the presidential office

June 7, 2025

Thorchain integrates the director of the XRP to facilitate the distributed swap.

June 7, 2025

Thorchain integrates the director of the XRP to facilitate the distributed swap.

June 7, 2025

Coinbase adds a pancake swap to Roadmap to Surges for BNB Chain Dex to record $ 173,000,000 in monthly.

June 7, 2025

Crypto Flexs is a Professional Cryptocurrency News Platform. Here we will provide you only interesting content, which you will like very much. We’re dedicated to providing you the best of Cryptocurrency. We hope you enjoy our Cryptocurrency News as much as we enjoy offering them to you.

Contact Us : Partner(@)Cryptoflexs.com

Top Insights

Solana (SOL) introduces Alpenglow for faster blockchain agreement.

June 7, 2025

The Foresight Ventures report shows a collection shift where more than 32,000 sellers around the world accept encryption.

June 7, 2025

$ AB is live on Binance, guiding the new era of new cross chain asset mobility.

June 7, 2025
Most Popular

Dow Jump 271 Points, S & P 500 is a victory march, NASDAQ SHEDS 0.18%

May 16, 2025

Web3 game investors are no longer throwing money in ‘AXIE KILLERS’.

March 12, 2025

Roundup Round III | Ethereum Foundation Blog

March 17, 2024
  • Home
  • About Us
  • Contact Us
  • Disclaimer
  • Privacy Policy
  • Terms and Conditions
© 2025 Crypto Flexs

Type above and press Enter to search. Press Esc to cancel.