Yearn.finance rolls to life again after embracing a market bottom at $8,000. The DeFi boom is quickly coming back as tokens within the sector record impressive gains. Yearn.finance is among the biggest gainers in the last 24 hours following an impressive rally. The decentralized finance (DeFi) project is up over 27% to change at $18,790.
Yearn finance attempts to build a breakout above the $13,000 support but hits a barrier at the 50 SMA. YFI/USD could resume the breakdown aiming for levels beneath $10,000 especially if the triangle support is shattered. Yearn.finance has lost a great deal of its value since it last hit the all-time high at $44,000. Despite
Yearn.finance immediate upside capped by the 50 SMA as bearish pressure intensifies. On-chain analysis suggests that the path with the least hurdles is downwards. Yearn.finance has lost a great deal of its value since it traded an astronomical all-time high of $44,000. The 4-hour chart illustrates the several attempts made to regain the lost ground.
Yearn.finance bounces off support validating a key bullish outlook. The formation of double-bottom pattern prints a positive picture for gains targeting $35,000. The decentralized finance (DeFi) darling, Yearn.finance is resuming the uptrend after falling consistently from highs around $34,000, traded on September 27. The crypto encountered high selling pressure after another bounce from support established
Yearn.finance refreshes support at $20,000 but rebounds towards $22,000. On-chain data predicts increased selling pressure towards $25,000. Yearn.finance saw the rebound predicted at the beginning of the week invalidated after failing to close above the 50 Simple Moving Average (SMA) in the 4-hour range. The rebound came into the picture following the formation of a
Yearn.finance freefalls to $21,455 after support at $28,000 failed to hold. YFI turns bullish bringing into the picture the impact of a double-bottom pattern. Yearn.finance is bleeding, just like many other cryptocurrencies in the market on Tuesday. A bearish wave on Monday swept across the market, further increasing the sell signals that have continued to
Yearn.finance beats Bitcoin all-time high to set a bar for itself close to $40,000. YFI/USD establishes support above $30,000 following rejection from the weekend high at $38983. The decentralized finance darling, Yearn.finance has easily become the most expensive cryptocurrency in the world. YFI did not only surpass Bitcoin’s all-time high at $20,000 but also rocked