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YFI PRICE PREDICTION 2022 FREE
FXStreet does not in any way guarantee that this information is free from mistakes, errors, or material misstatements. You should do your own thorough research before making any investment decisions. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets. Information on these pages contains forward-looking statements that involve risks and uncertainties. However, if the bulls can’t hold the 50-SMA support level at $26,000 on the daily chart, YFI price can quickly fall towards the 100-SMA at $21,000. A breakout above this area can quickly drive YFI price towards $40,000 as there seems to be very little resistance ahead.Īdditionally, it seems that despite the massive 50% price increase in the past month, the number of whales holding between 100 and 1,000 YFI coins ($3,000,000 and $30,000,000) has increased by 10, indicating that large holders are interested in YFI for the long-term.
The In/Out of the Money Around Price (IOMAP) chart indicates that the strongest resistance barrier is located between $32,700 and $33,637. YFI price is currently trading at $30,700. On the daily chart, the digital asset dropped to a low of $25,250, but the bulls managed to buy half of the dip and defended the crucial 50-SMA support level at $26,000. YFI price on its way to $40,000, shows metrics Unfortunately, the entire market suffered a significant collapse and YFI dropped towards $25,250.
YFI price had a massive 50% breakout on January 7 which got a lot of continuation in the next two days up to $39,939. YFI bulls managed to defend a crucial support level at $26,000 and are ready to push the digital asset towards $40,000.YFI price has plummeted from a high of $39,939 on January 9 to a low of $25,250.
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