ETHERFI is currently experiencing significant resistance at the $2.50 threshold. This price point has proven to be a formidable barrier to upward movement. Meanwhile, the overall Ethereum ecosystem is witnessing an increase in trading volume, indicating heightened interest and activity among investors. Should ETHERFI manage to break through the $2.50 level and maintain a sustainable price above it, we could potentially see the onset of a bullish rally. Such a move would likely signal increased confidence in the asset and could attract further buying pressure, paving the way for more substantial gains shortly.
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