ETHFI rises 2.76% on Oct. 31, but technical pressure remains
BROBROK News · Based on reporting by DiarioBitcoin ·
ETHFI gained 2.76% on Oct. 31 and ended at $0.6267, but the move came with volume far below the 30-day average and still-weak technical signals. The token is above its SMA-90, yet it remains below several shorter- and medium-term moving averages with no confirmed catalyst.
Key points
- ETHFI rose 2.76% to $0.6267
- Daily volume was 52.51% below the 30-day average
- RSI at 44.4 and a bearish MACD keep the setup cautious
- Price is above the SMA-90 but below the SMA-7, SMA-15, SMA-30 and SMA-50
- No data was available for derivatives, on-chain activity or institutional flows
Why it matters
For crypto investors, this looks like a technical bounce rather than a confirmed trend reversal. Without strong volume or a clear catalyst, the move may be fragile and easy to fade.
Original headline: “Ether.fi (ETHFI) avanza 2,76% el 31 de octubre, pero sigue bajo presión técnica”
Read the original on DiarioBitcoin
Summary and analysis written by BROBROK News from the original report. Read the full story on the source website. Not investment advice.