Ether.fi (ETHFI) is currently testing a crucial support level around $0.65, an area historically known for significant buying interest. The token has experienced a decline of over 31% in the past 60 days, mirroring Ethereum's broader market weakness.
Price movements suggest a potential double-bottom pattern, with buyers maintaining the $0.65 support. A close above the 50-day moving average at $0.8153 and a breakout beyond $0.9233 could indicate a bullish reversal for ETHFI.
Ether.fi (ETHFI) Tests Key Support Level Amid Potential Reversal
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