tcr_thecoinrepublic

YFI Price Projects An Uptrend For The Future

Long
BINANCE:YFIUSDT   YFI / TetherUS
The weekly technical chart of YFI showcases a bullish momentum. On coming to the daily chart , Yearn. finance price is showing a sign of positive momentum. YFI price is currently at $36559, with a gain of 3.68% in the intraday session. In contrast, YFI / BTC pair is also seeing a bullish momentum on the daily time frame. YFI price is trading below 50 and above 100 Moving Average. The 50MA price is at $36824, making it temporary resistance for the coin. The coin's resistance on the upside will be at $40000, and on the downside, it will see a bounce back from $35000.It has formed a bullish Doji candle in the daily frame. If the price breaks 10% above the current price, then a strong bullish momentum can be seen. Yearn. finance can see an uptrend up to $40000 in upcoming days.
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