ETHFI Targets $2.949 if Price Holds Above $1.70 Resistance Level
- ETHFI trades near $1.656 with analysts noting $1.70 as the breakout level for fresh growth.
- The chart outlines $2.949 as the next target if ETHFI secures consistent daily closes above $1.70.
- Support zones remain at $1.65 and $1.022 giving traders clear points to track downside risk.
ETHFI is showing renewed strength after an analyst highlighted that closing above $1.70 on the daily timeframe could trigger strong growth. The token has recovered from earlier declines and is trading around $1.656 on Binance, with traders watching key resistance and support levels.
Technical Structure and Recovery Pattern
The TradingView chart shared on September 27, 2025, illustrates ETHFI’s movement across the past year. After dipping earlier in 2025, the token established support near $0.55 before rebounding.
During the following months, ETHFI gradually climbed back toward mid-range levels, showing resilience after performing well during broader market dumps. A base was formed in May 2025 near $0.55, with a rounded bottom pattern appearing on the daily structure.
Since then, the token has trended upward with consistent closes above critical support levels. The analyst pointed to $1.70 as the decisive barrier that, once reclaimed, could unlock higher growth potential. At press time, ETHFI traded at $1.656, just below this threshold.
Key Levels in Focus
The chart identified several price targets that may guide traders in upcoming sessions. Immediate resistance lies around $1.70, which aligns with the analyst’s condition for bullish continuation.
If ETHFI secures closes above $1.70, the next resistance sits near $2.949. Breaking through this level could pave the way for further gains toward $7.985, a long-term target marked on the chart.
On the downside, immediate support is positioned around $1.65. Further support zones are at $1.022 and $0.916, providing areas where the price has historically found stability. A sustained move below these ranges would indicate weakness, with deeper supports outlined at $0.55 and $0.43.
These levels form the technical roadmap for traders seeking clarity on ETHFI’s potential growth path. By holding key supports, the token remains positioned for possible upward expansion.
Pivotal Question for Traders
The analysis has drawn attention to one critical scenario: whether ETHFI can achieve daily closes above $1.70. This would confirm renewed bullish momentum and strengthen the outlook for further upside.
Failure to surpass this level may result in extended consolidation around current ranges. Traders may look to the $1.65 support for stability, while $1.022 remains a fallback level should downside risks increase.
The pivotal question now is whether ETHFI will sustain its momentum to close above $1.70 and unlock higher price zones, or if the token will remain capped by resistance until broader conditions shift.
With support established and targets defined, market watchers are closely tracking ETHFI’s performance. As the token approaches the $1.70 barrier, price action in the coming days may determine whether growth toward $2.949 and beyond becomes achievable.
