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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

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