Author Topic: Here’s Why Yearn.Finance (YFI) Remains Long-Term Bullish After 35% Drop (Read 1673 times)

Lenipiw · « **on:** September 06, 2020, 02:47:55 PM »

Yearn.finance (YFI) remains in an advantageous position despite its strong correction from local highs, analysts say.

Like Bitcoin, Ethereum, and other top digital assets, YFI has faced a strong retracement over recent days as legacy markets have been crushed by a rising dollar. The decentralized finance coin has been hit especially hard, actually.

Check out the chart below, which shows that the Ethereum-based coin has faced a steep correction over recent days after peaking just shy of $40,000.
Visit here: https://www.newsbtc.com/2020/09/05/heres-why-yearn-finance-yfi-remains-long-term-bullish-after-35-drop/

Altcoins Talks - Cryptocurrency Forum · « **on:** September 06, 2020, 02:47:55 PM »

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highnayem34 · « **Reply #1 on:** September 08, 2020, 01:40:01 PM »

Santiment, a blockchain analytics firm, shared this tweet below just recently explaining why YFI remains in a positive state from a longer-term perspective. The company noted that users of Aave are depositing YFI into the lending pool, social volume for the cryptocurrency has remained strong, and data suggests vast accumulation is taking place with the coin.

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Author Topic: Here’s Why Yearn.Finance (YFI) Remains Long-Term Bullish After 35% Drop (Read 1673 times)

Lenipiw

Here’s Why Yearn.Finance (YFI) Remains Long-Term Bullish After 35% Drop

Altcoins Talks - Cryptocurrency Forum

Here’s Why Yearn.Finance (YFI) Remains Long-Term Bullish After 35% Drop

highnayem34

Re: Here’s Why Yearn.Finance (YFI) Remains Long-Term Bullish After 35% Drop