#ETH_ETFs_Approval_Predictions #ETHFI🔥🔥🔥 #ethfipriceprediction $ETHFI ### ETHFI/USDT Technical Analysis – July 9, 2024
- ETHFI shows short-term bullish potential but faces long-term resistance. Traders should watch for breaks above resistance or drops to support.
- **Price Movement**:
- Current Price: 2.203USDT (+14.67%)
- Recent Low: 1.710 USDT
- Recent High: 3.415 USDT
- Change Over Period: -31.912% from recent high
- **Moving Averages**:
- MA(7): 2.069 USDT (Short-term)
- MA(25): 1.932 USDT (Mid-term)
- MA(99): 2.745 USDT (Long-term)
- **Volume Analysis**:
- Current Volume: 4,310,043.4
- Recent Spike: Indicates increased trading activity
- **Resistance and Support**:
- Resistance Level: 2.745 USDT (MA(99))
- Support Level: 1.710 USDT (Recent low)
- **Technical Outlook**:
- Short-term: Bullish (above MA(7) and MA(25))
- Long-term: Bearish (below MA(99))
$ETHFI