Is ETHFI ready for a tenfold rebound?

Are you ready!

# Ether .Fi ($ETHFI) was launched on March 18, 2024 and has shown significant volatility since then. #熱門話題 #ETHFI #BOME #BTC

The coin surged from $0.230 to an all-time high (ATH) of $5.32, an impressive gain of nearly 2230%.

$ETHFI subsequently fell sharply by more than 37% and is currently trading at $3.20 on Binance.

On the 15-minute chart, ETHFI price is consolidating within a range.

OTC traders are awaiting a breakout of this bullish consolidation range, which could push the price above the $6 mark.

A consolidation range is observed between the 50% and 100% Fibonacci levels, indicating a critical phase for the asset.

A break above the $4 mark is expected, which could lead the price to hit the next Fibonacci rejunction at $6.628.

Conversely, a bearish breakdown could see the altcoin drop towards the $2 mark.

The #Ether.Fi#Priceforecast for 2030 is expected to be around $20, according to Coingabbar forecasts.

Critical level:

Resistance: $4.30-$6.00

Support level: $2.80-$1.00

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