- $ETHFI has delivered over 30% profit after breaking resistance, turning the zone into reliable support.
- Charts highlight a potential climb toward 1.899 USDT, suggesting a 75% upside if support remains intact.
- ALMA and MACD indicators reinforce bullish momentum, with short pullbacks absorbed and continuation toward $2.00 likely.
$ETHFI (Ethf) is showing a strong technical structure as price continues advancing with clear momentum across daily charts. The token recently broke above resistance levels and has maintained upward pressure since confirming the breakout pattern. This development indicates sustained strength with upside potential extending into the medium term.
The breakout move delivered more than 30 percent profit from the entry zone, highlighting strong participation during the technical shift. A marked target of 0.445 USDT gain, representing 32.28 percent, underscores the first measurable leg of growth. The consolidation prior to this move provided a steady base that reinforced market confidence.
The shift above resistance transformed it into reliable support, reinforcing the structural transition of the chart. Renewed buying pressure continues sustaining momentum, signaling the likelihood of extended advances if support levels hold. The pattern demonstrates confidence that aligns with ongoing participation in the market.
Support Levels Reinforcing Rally Prospects
The second analysis shows $ETHFI holding firmly above a key support area that has proven significant for recent price action. This bounce established the foundation for further gains and highlights the resilience of the trend in current conditions. The zone remains crucial for maintaining bullish continuity over the next trading phases.
Source: TradingView
The projected rally points toward 1.899 USDT, suggesting a potential 75.54 percent upside from existing levels. The trajectory drawn on the chart reflects a steady climb supported by market structure and recent accumulation. As long as price holds this support, conditions remain favorable for continuation.
The curved line indicates not only possible price expansion but also confirms a gradual build of momentum. This reduces risks of sharp reversals while sustaining trader confidence in upward moves. With price comfortably above the zone, outlooks continue supporting further progression.
Indicators Confirm Strength Toward $2.00
The chart for Ether.fi highlights further confirmation of bullish structure through both ALMA and MACD indicators. Price currently trades near 1.74 USDT, reflecting renewed pressure after earlier consolidation phases. This trend indicates a strong recovery backed by technical consistency.
The ALMA moving average sits far below current levels, underlining the spread that defines present momentum. Pullbacks remain short-lived and absorbed quickly by buyers, reinforcing continuation toward higher ranges. This indicator validates the strength of the ongoing uptrend.
MACD signals add to this confirmation as the line stays above the signal level with positive histogram readings. Although momentum briefly slowed in prior months, current readings indicate fresh acceleration. With support around 1.60 USDT holding firm, continuation toward 2.00 USDT appears likely in the near term.
Disclaimer: This article is for informational purposes only and does not constitute financial advice. CoinCryptoNewz is not responsible for any losses incurred. Readers should do their own research before making financial decisions.
