ETHFI price jumps 13.7%, breaking above a months-long range with strong buying momentum.

ETHFI price surged 13.68% to $0.7032 on September 10, breaking above its recent trading range between $0.53 and $0.62. This breakout is supported by strong momentum indicators like the daily Bollinger Bands and MACD, as well as the 4-hour Supertrend and Chaikin Money Flow, signaling increased buying pressure. Analysts caution that confirmation depends on ETHFI holding above key support levels around $0.60–$0.61 to avoid falling back into its previous range. The token's rise is linked to Ether.fi's growth, including $4.87 billion in total value locked and expanding crypto banking services, though token value capture remains a challenge.