Bitcoin btc
$ usd
Technical Analysis

YFI & YFII Reclaim Important Levels, Could Lead to DeFi Index Bounce

3 mins
Updated by Ryan James
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In Brief

  • YFI has broken out from a descending resistance line.
  • YFII has reclaimed the $2100 resistance area.
  • The DeFi index is following a long-term ascending support line.
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Disclaimer

In line with the Trust Project guidelines, this price analysis article is for informational purposes only and should not be considered financial or investment advice. BeInCrypto is committed to accurate, unbiased reporting, but market conditions are subject to change without notice. Always conduct your own research and consult with a professional before making any financial decisions.

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Valdrin Tahiri
Valdrin discovered cryptocurrencies while he was getting his MSc in Financial Markets from the Barcelona graduate school of Economics. Shortly after graduating, he began writing...
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