ETHFI: Michaël van de Poppe Sets $1.13 Target

Michaël van de Poppe declared fresh conviction in ETHFI after the token swept its August low and confirmed an uptrend. The trader set the next objective at $1.13 and signaled intent to increase DeFi exposure.

Price sits at $0.58 beneath the EMA50 at $0.6 and EMA200 at $0.65, preserving the longer-term bearish structure. Yet the MACD golden cross at -0.01 already flipped momentum positive while RSI at 50.02 remains neutral. With price inside the Bollinger band, the $0.62 upper band now acts as immediate resistance and the $0.53 lower band as short-term support; a push through $0.62 would align the neutral RSI with the bullish MACD and open room toward the $1.13 objective.