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Yearn.finance’s native token, YFI, has been on a tear over the past few weeks. Ever since bottoming in October, the cryptocurrency has been in a steep ascent marked by strong fundamental and on-chain trends. First and foremost, the cryptocurrency is being accumulated by top funds in the crypto-asset space. Polychain Capital, for instance, owns nearly…
Yearn.finance’s YFI governance token has been inching closer and closer to the $30,000 level for the past few days and weeks, with the selling pressure here proving to be somewhat significant on multiple occasions. Overall, the crypto’s price is currently caught within a holding pattern similar to that seen by Bitcoin and Ethereum, Until the…
According to a textbook bullish indicator, Yearn Finance’s governance token YFI is preparing to target its all-time high. Dubbed as “Ascending Triangle,” the pattern envisions YFI/USD just shy of $44,000, a record high achieved mid-September following the pair’s supersonic bull run. It anticipates YFI/USD to hold support near its ascending trendline while testing its horizontal…
Yearn.finance’s YFI token has been surprisingly strong throughout the past few days, with its price holding well-within the mid-$20,000 region despite the selloff currently taking place across the aggregated crypto market. When Bitcoin was first rejected at $19,500 and began its decline, YFI moved in tandem and dropped to $18,000. The narrative built throughout the…
Yearn Finance’s YFI rose by up to 16 percent in just two days of trading, even though its peers across the cryptocurrency market bled. The decentralized finance token formed an intraday high at $25,858 in the early trading session in London. At its weekly low, the YFI/USD exchange rate was as low as $17,605, according…
Yearn Finance’s governance token YFI plunged Wednesday as traders secured their short-term profits from its supersonic rally. The YFI/USD exchange rate dropped 4.34 percent to $22,915 after forming a 47-day high near $25,000. The descent also came as a part of a downside correction that typically appears after every bullish move in an uptrend. YFI…
Yearn.finance (YFI) is erupting higher as Bitcoin pushes to new year-to-date highs. The coin is up 20% in the past 24 hours alone, rocketing from under $20,000 to daily highs closer to $25,000. As of this article’s writing, YFI trades for $23,700, as it faced a bit of a correction after peaking at the local…
Yearn.finance’s YFI governance token has seen some immense volatility throughout the past few days and weeks, with buyers sending it rocketing over 100% from its recent lows while now attempting to hold it above a crucial resistance level. The selling pressure at this resistance had held strong throughout the past several days and weeks, with…
Yearn.finance’s YFI governance token has seen some massive momentum today, with the cryptocurrency’s price rocketing higher as buyers take control of its mid-term trend. The crypto is in the process of trying to break above its crucial near-term resistance, which sits at roughly $18,000. It has made a few breaks above this level, but each…
Yearn Finance’s governance token YFI resumed its uptrend on Friday as traders assessed a high-profile investment into its asset management protocol. On Wednesday, crypto firm Polychain Capital increased its exposure in the YFI market after buying another 141 tokens. According to Messari, the hedge fund had purchased 329 tokens last month, a move that gave…