ETHFI rises 14.84% to $0.746, tests 90-day high
- —Up 14.84% over 24 hours to $0.746, and +36.27% over 30 days
- —Price is above SMA-7, SMA-30 and SMA-200, a bullish structure
- —RSI at 68.1 near overbought territory, Bollinger %B at 103.3
- —An unlock of 2.8 million tokens for contributors previously knocked the price down 15%
Why it matters: A break above $0.776 would open the way for the trend to continue, but overbought conditions and unlock-related supply risk threaten a correction.
Source: DiarioBitcoin