ETHFI Price Jumps 8% After Ether.fi Upgrade: Why Bulls are Watching $0.64

Ether.fi’s ETHFI token jumped nearly 8% to around $0.51 after an upgrade sparked fresh bullish momentum. The rally pushed ETHFI decisively above $0.50 and onto levels not seen for months, including clearing a key resistance area near $0.48–$0.50 and moving above its 200-day EMA around $0.4865. Technical signals show strong demand, with daily RSI near 72, though the elevated reading also raises the odds of a short-term pullback or retest. The near-term upside target highlighted is $0.55, with $0.64 identified as the next major resistance level—about 25% above current prices.