ETHFI Falls 6% After Rally, Key Support at $0.70 in Focus
- —ETHFI traded near $0.733 on Coinbase's daily chart on October 1
- —The pullback was about 6.5% after rejection at $0.81–$0.82
- —First support test sits near $0.69–$0.70 on the rising lower trendline
- —The 50-day simple moving average is near $0.614
Why it matters: Holding $0.70 would keep the uptrend intact and open the way to $0.75–$0.78, while a break below would raise the risk of a deeper correction.
Source: Coindoo