1
Yearn Finance price trades at $6310 with a gain of 1.07% during the intraday session.
2
YFI price has dipped below 20, 50, 100, and 200-day exponential moving averages.
3
The year-to-date return of Yearn Finance is 23.91% while the three-month return is -8.50%.
As soon as the bullish rally for Yearn Finance (YFI) price ended, it entered into a downtrend and started to form lower lows. The bullish rally was initiated during mid-June 2023 after the price formed support at $5380.
The cryptocurrency price made a high of $7488 and faced strong rejection from the 200-day EMA which induced bearish momentum. The downward momentum helped the price in breaking the bullish trend line. After breaking, YFI’s price formed support at $6460 and commenced a rally to rise above $7000.
Source: YFI/USDT By TradingView.
Yearn Finance price did rise but could not sustain above $7000 and broke the recent support level of $6460. Recently, Yearn Finance pr
We współpracy z: https://www.thecoinrepublic.com/2023/08/14/yearn-finance-price-prediction-wil-yfi-price-continue-dropping/
