NewsBTC
No Result
View All Result
  • Cryptocurrency News
    • Bitcoin News (BTC)
    • Ethereum News (ETH)
    • Ripple News (XRP)
    • Shiba Inu News (SHIB)
    • Cardano News (ADA)
    • Dogecoin News (DOGE)
    • Solana News (SOL)
    • Litecoin News (LTC)
    • Avalanche News (AVAX)
    • Polygon News (MATIC)
  • Crypto Prices
    • Binance Coin (BNB) Price
    • Bitcoin (BTC) Price
    • Cardano (ADA) Price
    • Chainlink (LINK) Price
    • Dogecoin (DOGE) Price
    • Ethereum (ETH) Price
    • Litecoin (LTC) Price
    • Polkadot (DOT) Price
  • Crypto Resources & Directory
  • All Crypto
  • Play GamesTry
  • CasinosTry
Breaking News: Coinbase Confirms DOJ Investigation Following Major Security Incident
  • Cryptocurrency News
    • Bitcoin News (BTC)
    • Ethereum News (ETH)
    • Ripple News (XRP)
    • Shiba Inu News (SHIB)
    • Cardano News (ADA)
    • Dogecoin News (DOGE)
    • Solana News (SOL)
    • Litecoin News (LTC)
    • Avalanche News (AVAX)
    • Polygon News (MATIC)
  • Crypto Prices
    • Binance Coin (BNB) Price
    • Bitcoin (BTC) Price
    • Cardano (ADA) Price
    • Chainlink (LINK) Price
    • Dogecoin (DOGE) Price
    • Ethereum (ETH) Price
    • Litecoin (LTC) Price
    • Polkadot (DOT) Price
  • Crypto Resources & Directory
  • All Crypto
  • Play GamesTry
  • CasinosTry
Bitcoin News
No Result
View All Result
Breaking News: Coinbase Confirms DOJ Investigation Following Major Security Incident

Yearn.finance (YFI) Posts Bullish 3-Day Close as Analysts Eye Parabolic Upside

Cole Petersen
Cole Petersen
1 year ago
2 mins read

Reason to trust

Strict editorial policy that focuses on accuracy, relevance, and impartiality
Created by industry experts and meticulously reviewed
The highest standards in reporting and publishing
How Our News is Made

Strict editorial policy that focuses on accuracy, relevance, and impartiality

Ad discliamer

Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio.

Yearn.finance’s price has seen some turbulence in the weeks following its intense rally to all-time highs of over $40,000. The governance token for the Yearn ecosystem – YFI – has been largely consolidating in the time since, with both buyers and sellers being unable to spark any sustained trend.

This may be due to YFI being viewed – and traded – as an index bet for the entire DeFi sector, which has seen stagnating growth in recent weeks. As such, the token’s bout of sideways trading may persist until the aggregated market can start moving higher.

That said, from a technical perspective, the Yearn governance token has been shaping up quite nicely.

One analyst is noting that its latest 3-day candle close was incredibly bullish and has opened the gates for it to see further parabolic upside in the days and weeks ahead.

Yearn.finance’s Governance Token Rebounds from Recent Selloff

At the time of writing, Yearn.finance’s governance is trading down marginally at its current price of $31,800.

This marks a notable upswing from daily lows of under $29,000 set during an intense selloff overnight, which came about after its price peaked at highs of $34,000.

The decline occurred in tandem to that seen by Bitcoin and Ethereum, but the intensity of the recovery does seem to indicate that bulls are underpinned by serious strength.

$34,000 may continue acting as a resistance level for the foreseeable future. If bulls can surmount this price region, they may then be able to push its price up towards its all-time highs of over $40,000.

The strong bedrock support to watch sits at $20,000. As long as this level continues holding strong, there’s a possibility of it eventually seeing further upside.

Analyst: YFI Poised to Go Parabolic… Again…

One trader explained in a recent tweet that Yearn.finance’s previous 3-day close was incredibly bullish and indicates to him that a major push higher is imminent in the near-term.

“Monster 3d close on yfi about to form… if any relatively well known alts are going to make a new all time high yfi will be the first, strongest fundamentals in the entire space and thats just facts,” he said while pointing to the below chart.

Yearn.finance YFI

Image Courtesy of SmartContracter. Chart via TradingView.

If YFI pushes higher in the days ahead, it could allow this week to be a positive one for the entire DeFi sector, as it may lead other tokens significantly higher as well.

Featured image from Unsplash.
Charts from TradingView.
Tweet123Share196ShareSend
Cole Petersen
Cole Petersen

Cole Petersen

Cole is a cryptocurrency analyst based in Los Angeles. He studied at the University of California Irvine and has been interested in Bitcoin and the crypto markets since 2013.

Disclaimer: The information found on NewsBTC is for educational purposes only. It does not represent the opinions of NewsBTC on whether to buy, sell or hold any investments and naturally investing carries risks. You are advised to conduct your own research before making any investment decisions. Use information provided on this website entirely at your own risk.

Related News

Ethereum, ETH, Crypto

Ethereum Eyes Key Resistance As Price Reclaims $2,550 – Here Are The Levels To Watch

Ethereum (ETH) has surged 7.5% in the daily timeframe to break above a key resistance level for the first time...

Rubmar Garcia 2 hours ago

2020牛市模式7月升浪再現 分析師示警行情爆發BTCBULL成百倍幣首選!

2025年7月,加密貨幣市場正處在一個關鍵轉折點。資深分析師TechDev在社交平台X上向超過53萬粉絲發出強烈信號,指出目前的市場狀態極度類似於2020年牛市爆發前的技術格局。他通過TOTAL2圖表...

Peter Chow 4 hours ago
Dogecoin (DOGE) Bounces Off Lows

Dogecoin (DOGE) Bounces Off Lows, But $0.180 Cap Remains A Challenge

Dogecoin started a fresh increase above the $0.1650 zone against the US Dollar. DOGE is now consolidating and might aim...

Aayush Jindal 5 hours ago
Load More

Reason to trust

Strict editorial policy that focuses on accuracy, relevance, and impartiality
Created by industry experts and meticulously reviewed
The highest standards in reporting and publishing
How Our News is Made

Strict editorial policy that focuses on accuracy, relevance, and impartiality

Ad discliamer

Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio.

Related News

Trader, który przewidział wzrost XRP o 600%, typuje następnego memecoina poniżej 0,1 USD

newsbtc 8 minutes ago

BNB upgrade triggert bullish patroon: koersdoel $719 in zicht

Lars Diederiksen 47 minutes ago
Ethereum

Echoes Of 2020: Ethereum Signals Possible Bullish Rally After Reclaiming $2,600

Ronaldo Marquez 51 minutes ago

Premium Sponsors

Press Releases

  • Các Đồng Coin Tiềm Năng: TOKEN6900 Gây Sốt, Gọi...

    13 minutes ago
  • MEXC Ventures Champions India Blockchain Tour 2025, Ignites...

    21 minutes ago
  • MEXC Amplifies Bitcoin Reserves by 10% While Maintaining...

    21 minutes ago
  • 5 altcoina ispod 1 € koji bi mogli značajno porasti do 2025. godine

    Alt Coin Tiềm Năng: Liệu Pudgy Penguins Có Thể...

    24 minutes ago
  • 1 Najbolji kriptovaluta za kupnju prije nego što poraste 2 200 %, prema Cathie Wood

    1 Najbolji kriptovaluta za kupnju prije nego što poraste...

    49 minutes ago

Newsletter

Be the first to get the latest important crypto news & events to your inbox.

  • This field is for validation purposes and should be left unchanged.

About Us

NewsBTC is a cryptocurrency news service that covers bitcoin news today, technical analysis & forecasts for bitcoin price and other altcoins. Here at NewsBTC, we are dedicated to enlightening everyone about bitcoin and other cryptocurrencies.

We cover BTC news related to bitcoin exchanges, bitcoin mining and price forecasts for various cryptocurrencies.

Disclaimer: The information found on NewsBTC is for educational purposes only. It does not represent the opinions of NewsBTC on whether to buy, sell or hold any investments and naturally investing carries risks. You are advised to conduct your own research before making any investment decisions. Use information provided on this website entirely at your own risk.

Company

  • About Us
  • Advertising
  • Contact Us
  • Privacy Center

Social

© 2025 NewsBTC. All Rights Reserved.

  • Cryptocurrency News
    • Bitcoin News (BTC)
    • Ethereum News (ETH)
    • Ripple News (XRP)
    • Shiba Inu News (SHIB)
    • Cardano News (ADA)
    • Dogecoin News (DOGE)
    • Solana News (SOL)
    • Litecoin News (LTC)
    • Avalanche News (AVAX)
    • Polygon News (MATIC)
  • Crypto Prices
    • Binance Coin (BNB) Price
    • Bitcoin (BTC) Price
    • Cardano (ADA) Price
    • Chainlink (LINK) Price
    • Dogecoin (DOGE) Price
    • Ethereum (ETH) Price
    • Litecoin (LTC) Price
    • Polkadot (DOT) Price
  • Crypto Resources & Directory
  • All Crypto
  • Play Games
  • Casinos
Advertise

© 2025 NewsBTC. All Rights Reserved.

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy Center or Cookie Policy.