ETHFI falls 8.61% and tests short-term support
BROBROK News · Based on reporting by DiarioBitcoin ·
ETHFI dropped 8.61% on Nov. 2 to $0.5748484 and slipped below its main short-term moving averages. The token remains above the 200-day SMA, signaling short-term weakness without a confirmed break in the broader trend.
Key points
- Price fell to $0.5748484, close to the intraday low.
- The token traded below the SMA-7, SMA-15, SMA-30 and SMA-50.
- Volume rose versus the previous day but stayed below the 30-day average.
- RSI at 37.9 and stochastic at 3.9 point to selling pressure.
- A broader market selloff may have played a role, but no specific cause was confirmed for ETHFI.
Why it matters
The move highlights near-term technical weakness and a lack of clear buyer support. For crypto investors, ETHFI appears tied to broader market sentiment even though its longer-term trend has not been fully broken.
Original headline: “ETHFI cae 8,61% el 2 de noviembre de 2026 y pone a prueba soportes”
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.