ETHFI: DeFi Comeback Drives Price Higher

ETHFI climbs as DeFi stages a genuine recovery, with Michaël van de Poppe highlighting strong continuation potential from current levels.

The analyst flags the $0.66 zone for dip buys and sets sights on the $1.30 high, aligning with the token's move above both the EMA50 at $0.64 and EMA200 at $0.55.

Price action on the 4h chart sits at $0.74 inside the Bollinger Bands, pressing the upper resistance at $0.78 while the RSI(14) holds neutral at 63.47 and the MACD prints a bullish golden cross at 0.04; with price testing upper Bollinger resistance at $0.78 while RSI flashes neutral, a healthy retracement to the 50-EMA support at $0.64 seems probable before further continuation.