ETHFI, the native token of Ether.fi, is trading for $1.76 at the time of writing, having surged over 8% in the last 24 hours. This is due to $337.76 million in trading activity, which is about a 166% increase in the same period of time. It also has a total market cap of $908.94 million, according to CoinMarketCap.
ETHFI Price action | Source: CoinMarketCap
This comes as the token continues to gain attention from institutional players. Just recently, FalconX, a major trading platform, announced a partnership with EtherFi to bring eETH to its spot, derivatives, and custody services, and also let clients use it for OTC trading and as collateral, showing how demand keeps growing.
Looking at the chart, the push to the upside started in April 2025, which broke past the long-drawn downward trendline created due to the selling pressure, since the market made an all-time high in March 2024.
After the breakout, the market continued to print a series of highs and lows with buyers being on the dominant side, gaining 81% in 7 days. This has also caused the market to create a trendline to the upside.
ETHFI Technical Analysis | Source: TradingView
Looking Ahead
Going forward, the current momentum suggests that the price could steadily push towards the $3,304 and the $5 resistance level, giving about an 84% and 191% increase in price, respectively.
ETHFI price prediction | Source: Tradingview
However, if the price fails to break past the $3.304 resistance level, we might see a push to the downside towards the $1.75 trendline.
When observing with an indicator like the RSI, which is used to monitor the momentum of the market. It is seen that the price is trading at the 63.61 level over its EMA line of 52.56. This suggests that the market is pushing for an uptrend.
ETHFI Momentum indicator | Source: TradingView
Meanwhile, Crypto analyst CryptoELITES pointed out a bullish outlook on the market, predicting that Ether.fi will push for $9. “The long downtrend has finally been broken. This breakout could be the turning point that sets the stage for a much bigger move. Mid-term target: 9 $ “
Source: X (CryptoElites)
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