Altcoins Talks - Cryptocurrency Forum
Cryptocurrency Ecosystem => DeFi tokens => Topic started by: EAA-ALLAH on February 21, 2021, 04:08:12 PM
-
After weeks of aggressive selling, YFI looks primed for a move to $60,000 before Bitcoin.
Bitcoin (BTC) bears looked on in disbelief as BTC price rallied to over $57,800 on Feb. 21, sparking a major altcoin rally. It seems bull flags are being printed one after the other on coins like Polkadot and Cardano, which are playing out predictably.
However, one coin that is not getting the limelight it deserves right now is Yearn.finance (YFI), and at present, it looks like a period of aggressive selling could be coming to an end with a potential 50% move to the upside being imminent. But first, let's take a look at why it has been struggling recently
Sources:More (https://cointelegraph.com/news/monster-bull-flag-for-yearn-finance-puts-200-000-yfi-price-in-play)