Markets
EtherFi tests $0.7040 hourly resistance as daily MACD histogram stays negative
The Cryptonomist·October 16, 2026·1 min read
EtherFi trades at $0.7023 on Binance, holding a bullish daily structure above all three moving averages, but the daily MACD histogram remains negative. Price tests hourly resistance at $0.7040. The main scenario is cautiously bullish, yet nearby resistance is unbroken, leaving momentum lacking. ETHFI's next move depends on breaking this level.
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