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EtherFi tests $0.7040 hourly resistance as daily MACD histogram stays negative

EtherFi tests $0.7040 hourly resistance as daily MACD histogram stays negative

Photo: The Cryptonomist

As of October 16, 2026, EtherFi price trades at $0.7023 on Binance , with ETHFI retaining a bullish daily structure but lacking convincing daily momentum. The main scenario is cautiously bullish: price stands above all three daily moving averages, yet nearby resistance remains unbroken and the daily MACD histogram is negative. Key takeaways ETHFI trades at $0.7023, above all three daily EMAs — EMA20 at $0.6952, EMA50 at $0.6549, and EMA200 at $0.5443 — confirming a bullish structural stack.

Source: The Cryptonomist

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