Crypto
Ether.fi Token Breaks Above Range, Eyes $0.75 Target
The price of Ether.fi's (ETHFI) token surged more than 13% on September 10, breaking above its months-long range.
According to data, ETHFI traded near $0.7032 at the time of writing, up 13.68% from an opening price of $0.6186.
The token's daily Bollinger Bands show it trading above the upper band at $0.6571, reflecting strong momentum but also potential short-term extension.
Analyst Sebi noted that confirmation of the breakout would depend on buyers holding the level and forming a higher low, rather than giving back the advance.