news

bitcoin

1 X bitcoin bitcoin =

Thursday

21 January 2021

Yearn.finance (YFI) Inches to $30k; Flashes Similarities to ETH in 2016

Yearn.finance (YFI) Inches to $30k; Flashes Similarities to ETH in 2016


smart summary beta

Overall, the crypto’s price is currently caught within a holding pattern similar to that seen by Bitcoin and Ethereum,.

If history rhymes and YFI sees a similar breakout in the days and weeks ahead, there’s a strong possibility that the cryptocurrency could enter another price discovery phase that results in it seeing some parabolic momentum.

One trader stated in a recent tweet that Yearn.finance’s YFI token could be in the process of mirroring a highly bullish Ethereum fractal from 2016, which would indicate that 2021 will be an incredibly positive year for the DeFi benchmark

Goto Full Article

bitcoin bitcoin price

$34589.00

24h

Live Average

bitcoin

News Article Sentiment

positive

Score (0)

Article Metadata

author

site

newsbtc
Market data feeds provided by cryptocompare.com
bitsmart 2021