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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 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…
The DeFi sector is exploding higher today alongside the rest of the crypto market. Bitcoin is trying to break above its $16,000 resistance while the rest of the market also sees immense strength. The price action seen throughout the past few days and weeks indicates that the recent lows seen by the blue-chip assets within…
Yearn.finance’s YFI token is surprisingly resilient today despite the turbulence throughout the aggregated crypto market. While Bitcoin is plunging lower, most of the DeFi sector is actually up today. The break of this sector’s recent multi-month downtrend came about following a series of massive short squeezes seen by the blue-chip DeFi assets like YFI, SNX,…
Yearn.finance’s YFI token has been subjected to immense volatility throughout the past few days, with its price plunging to lows of $7,500 before seeing one of the most intense short squeezes ever. Within hours of tapping these lows, a sudden influx of buy-side pressure sent it rocketing to highs of $18,000, marking a well-over 100%…
The DeFi sector is rallying today, with Yearn.finance’s YFI governance token leading this move with a massive rally that first came about yesterday after the crypto nosedived to lows of $7,500. The support at this level was significant. After tapping this liquidity region, the rally seen catalyzed a cascade of liquidations of YFI short positions…
Yearn.finance’s YFI governance token has seen its first relief rally in ages, with bulls moving to form a bottom following a multi-week period of seeing relentless losses. The cryptocurrency reeled as low as $7,500 earlier today, at which point bulls stepped up and sent it surging up to highs of $10,000. It did face an…