- The YFI token price sustains above the 55-EMA during intraday
- The 24-hour trading volume is at $225 million.
- YFI/BTC pair is trading negative by 0.8% at 0.54265516 BTC.
Moving Average (EMA) In the YFI token daily price chart containing 8,13,21,55 EMA, it is reliable support for currency price movements. Investors can find that price moves above the yellow line and guarantee an uptrend for YFI as long as prices are above the moving average.
The volume (235) is below the 20-day moving average (420). The volume is moderate, so the cost is struggling. Investors may also notice a reduction in volume. This indicates that unusual changes are normal on the following trading days.
YFI Token Price May Soon Break Above $40K
The daily price chart of YFI token is on the rise. Depending on the price movement, the support range is between $25000 and $28000. On the flip side, the resistance area you should be looking for is $40000- $44000.
The RSI showed a signal of 55 (bullish) with a short-term buy forecast. Investors may find that the indicator’s RSI line is sloping upwards. A rise can happen on future trading days.
The MACD shows a (bullish) cross above the signal line on November 8, indicating a buy signal for the currency. In addition, investors can see emerging green bars in the histogram indicator.
Conclusion
The price of yearn.finance today is $35,847.77 with a 24-hour trading volume of $224,516,143. YFI prices have increased 6.0% in the past 24 hours. 36 thousand YFI coins in circulation and a total of 36.7 thousand.
RSI and MACD indicate a buy signal. Traders have directed moderate volume. In fact, the cost is gradually moving towards the resistance zone. A market survey also shows that this pattern will continue its uptrend in the coming trading days.
Resistance Level: $40000- $44000
Support Level: $25000- $28000