📌 Market overview
Current price: $1.25
24h volatility: +63.89%
Highest price of the day: $1.28
Lowest price of the day: $0.75
Market capitalization: Data unavailable
24h trading volume: Data unavailable
All-time high (ATH): $8.56 (March 2024)
ETHFI is experiencing strong growth, with a price increase of nearly 64% in the past 24 hours. This momentum is driven by increasing interest from investors and positive news from the market.
📈 Technical analysis
Nearby resistance: $1.30, $1.50, $1.80
Strong support: $1.00, $0.85, $0.70
RSI (4H): Near 80 – overbought zone
MACD: Heading towards a bullish crossover
50-day SMA: Expected to reach $0.95 by 15/05/2025
200-day SMA: Expected to reach $0.80 by 15/05/2025
The 4-hour chart shows ETHFI is in a strong uptrend, with technical indicators supporting this rise. However, the high RSI indicates caution is needed due to the potential for short-term correction.
📊 Trading strategy
Scenario 1 – Open Long position
Reason for entry: Price broke through the resistance level of $1.20 with a significant increase in trading volume, confirming the uptrend.
Entry zone: $1.20 – $1.25
Stop-loss (SL): $1.10 (Below the nearest support)
Take-profit 1 (TP1): $1.50
Take-profit 2 (TP2): $1.80
Probability of success: 75% (Based on technical signals and strong inflow)
Scenario 2 – Open Short position
Reason for entry: Price could not maintain above the level of $1.30 and shows signs of a downward reversal.
Entry zone: $1.30 – $1.35
Stop-loss (SL): $1.45 (Above the nearest resistance)
Take-profit 1 (TP1): $1.10
Take-profit 2 (TP2): $0.90
Probability of success: 60% (Based on the potential correction after a strong increase)
Note: The market is in an exuberant state; tight risk management is needed, and technical signals should be closely monitored.
📰 Featured news
ETHFI added to Coinbase listing roadmap: On 04/02/2025, Coinbase added ETHFI to its listing roadmap, which significantly boosted ETHFI's price in a short period.
ETHFI received significant capital inflow after EigenLayer launched the slashing feature: After EigenLayer launched the slashing feature, ETHFI experienced a large capital inflow, while other LRT protocols are still seeing significant outflows.
🔗 Trade ETHFI