Category: technical analysis YFI could dump again if this resistance is not flipped into support immediate upside capped by the 50 SMA as bearish pressure intensifies. On-chain analysis suggests that the path with the least hurdles is downwards. 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. […]

Continue Reading Price Forecast: YFI Poised For A Rally To $35,000 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, 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 […]

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