- Bullish Yearn Finance price prediction is $11,418 to $25,366.
- Yearn Finance (YFI) price might also reach $30K soon.
- Bearish Yearn Finance price prediction for 2022 is $4,032.
In Yearn Finance (YFI) price prediction 2022, we use statistics, price patterns, RSI, RVOL, and other information about Yearn Finance to analyze the future movement of the cryptocurrency.
Yearn Finance (YFI) Current Market Status
According to CoinGecko, the price of Yearn Finance (YFI) is $9,416.77 with a 24-hour trading volume of $69,453,508 at the time of writing. However, Yearn Finance has increased by nearly 6.89% in the last 24 hours.
Moreover, Yearn Finance (YFI) has a circulating supply of 36,638 Yearn Finance . Currently, Yearn Finance (YFI) trades in cryptocurrency exchanges such as Binance, Coinbase Exchange, FMFW.io, OKX, and BingX.
What is Yearn Finance (YFI)?
Using automation, Yearn.finance serves as an aggregator for DeFi investors, allowing them to get the most out of their investment in yield farming. As the DeFi market continues to grow, it aims to make it easier and more accessible for investors who aren’t tech-savvy or who choose to engage in a less committed way than serious traders. Therefore, for the larger investor community, Yearn.finance aims to simplify DeFi investing and activities like yield farming.
Yearn Finance (YFI) Price Prediction 2022
Yearn Finance (YFI) holds the 139th position on CoinGecko right now. Furthermore, Yearn Finance price prediction 2022 is explained below with a daily time frame.
The above chart of Yearn Finance (YFI) laid out a Descending Broadening Wedge Pattern. A descending expanding wedge is an indication of bullishness . It is created by two bullish lines that diverge. Moreover, validity of a descending broadening wedge is determined by how well the wedge oscillates between the two upward lines. The resistance line is above, while the support line is below.
Currently, Yearn Finance (YFI) is in the range of $9,416.77. If the pattern continues, the price of Yearn Finance might reach the resistance levels of $10817, $14100, $25678, and $41209. If the trend reverses, then the price of Yearn Finance may fall to $7999, $5432 and $3887
Yearn Finance (YFI) Support and Resistance Levels
The chart below shows the support and resistance levels of Yearn Finance (YFI).
From the above daily time frame, we can clearly interpret the following as the resistance and support levels for Yearn Finance (YFI).
| Resistance Level 1 | $11418 |
| Resistance Level 2 | $16003 |
| Resistance Level 3 | $25366 |
| Support Level 1 | $7254 |
| Support Level 2 | $4032 |
The charts show that Yearn Finance (YFI) has performed a bullish trend over the past month. If this trend continues, Yearn Finance might run along with the bulls overtaking its resistance level at $25366.
Accordingly, if the investors turn against crypto, the price of Yearn Finance (YFI) might plummet to almost $4032, a bearish signal.
Yearn Finance (YFI) Price Prediction 2022 — RVOL, MA, and RSI
The Relative Volume (RVOL) of Yearn Finance (YFI) is shown in the chart below. It is an indicator of how the current trading volume has changed over a period of time from the previous trading volume. Currently, the RVOL of Yearn Finance lies below the cutoff line, indicating weak participants in the current trend.
Also, the Moving Average (MA) of Yearn Finance (YFI) is shown in the chart above. Notably, the Yearn Finance (YFI) price lies below 50 MA (short-term), so it is in a downtrend. Currently, Yearn Finance has entered a bullish state. Therefore, there is a possibility of a reversal trend of Yearn Finance at any time.
Meanwhile, the relative strength index (RSI) of the Yearn Finance is 42.73. This means that Yearn Finance (YFI) is nearly in an oversold state. However, this means a major price reversal of Yearn Finance may occur in the upcoming days. So, traders need to trade carefully.
Yearn Finance (YFI) Price Prediction 2022 — ADX, RVI
Let us now look at the Average Directional Index (ADX) of Yearn Finance (YFI). It helps to measure the overall strength of the trend. The indicator is the average of the expanding price range values. This system attempts to measure the strength of price movement in the positive and negative directions using DMI indicators with ADX.
The above chart represents the ADX of Yearn Finance (YFI). Currently, the ADX of Yearn Finance lies in the range of 9 and thus, it indicates a weak trend.
The above chart also represents the Relative Volatility Index (RVI) of Yearn Finance (YFI). RVI measures the constant deviation of price changes over a period of time. The RVI of Yearn Finance lies above 50, indicating high volatility. In fact, the RSI of Yearn Finance (YFI) is at 42.73 thus confirming a potential sell signal.
Comparison of Yearn Finance with BTC, ETH
The below chart shows the price comparison between Bitcoin (BTC), Ethereum (ETH), and Yearn Finance (YFI).
From the above chart, it can be interpreted that ETH, BTC, and YFI are moving in a similar trend. This indicates that when the price of BTC and ETH increases or decreases, the price of YFI also increases or decreases respectively.
Yearn Finance (YFI) Price Prediction 2023
If the declining price action completely slows down in momentum and the trend reverses, Yearn Finance (YFI) might probably attain $35K by 2023.
Yearn Finance (YFI) Price Prediction 2024
With several upgrades in the network, Yearn Finance (YFI) might enter a bullish trajectory. If the coin grabs the attention of major investors, Yearn Finance might rally to hit $40K by 2024.
Yearn Finance (YFI) Price Prediction 2025
If Yearn Finance (YFI) sustains major resistance levels and continues to be recognized as a better investment option among the investors for the next 3 years, Yearn Finance would rally to hit $45K
Yearn Finance (YFI) Price Prediction 2026
If Yearn Finance (YFI) sustains major resistance levels and continues to be recognized as a better investment option among the investors for the next 4 years, Yearn Finance would rally to hit $50K
Yearn Finance (YFI) Price Prediction 2027
If Yearn Finance (YFI) sustains major resistance levels and continues to be recognized as a better investment option among the investors for the next 5 years, Yearn Finance would rally to hit $55K
Yearn Finance (YFI) Price Prediction 2028
If Yearn Finance (YFI) holds up a strong stance as a better investment option for the next 6 years amid the trends in the highly-volatile crypto market. By driving significant price rallies, Yearn Finance would hit $60K in 2028.
Yearn Finance (YFI) Price Prediction 2029
If investors flock in and continue to place their bets on Yearn Finance (YFI), it would witness major spikes. Yearn Finance might hit $65K by 2029.
Yearn Finance (YFI) Price Prediction 2030
With greater advancements in the Yearn Finance ecosystem, the crypto community might continue to invest in Yearn Finance for the next 8 years and drive significant price rallies for the token. Hence, Yearn Finance (YFI) might hit $70K by 2030.
Conclusion
With continuous improvements in the Yearn Finance network, we can say that 2022 is a good year for Yearn Finance . For this reason, the bullish price prediction of Yearn Finance (YFI) in 2022 is $25,366. On the other hand, the bearish price prediction of Yearn Finance (YFI) price prediction for 2022 is $4,032.
Furthermore, with the advancements and upgrades to the Yearn Finance ecosystem, the performance of Yearn Finance would help to reach above its current all-time high (ATH) of $90,786.89 very soon. But, it might also reach $30K if the investors believe that Yearn Finance is a good investment in 2022.
FAQ
YFI is a popular open-source library to access the financial data available on Yahoo Finance.
Yearn Finance (YFI) has been listed on many crypto exchanges includingBinance, Upbit, FMFW.io, OKX, LBank.
With the ongoing developments and upgrades within the Yearn Finance platform, Yearn Finance (YFI) has a high possibility of reaching its ATH soon.
On May 12, 2021, Yearn Finance (YFI) reached its new all-time high (ATH) of $90,786.89.
Yearn Finance (YFI) seems to be one of the top-gaining cryptocurrencies this year. According to the recorded achievements of Yearn Finance in the past few months, YFI is considered a good investment in 2022.
Yearn Finance (YFI) is one of the active cryptos that continues to maintain its bullish state. Eventually, if this bullish trend continues, Yearn Finance (YFI) will hit $30K soon.
Yearn Finance (YFI) price is expected to reach $35K by 2023.
Yearn Finance (YFI) price is expected to reach $40K by 2024.
Yearn Finance (YFI) price is expected to reach $45K by 2025.
Yearn Finance (YFI) price is expected to reach $50K by 2026.
Disclaimer: The opinion expressed in this chart is solely the author’s. It does not represent any investment advice. TheNewsCrypto team encourages all to do their own research before investing.
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