YFI is the native ERC-20 token of Yearn.Finance. Yearn.Finance is a decentralized finance (DeFi) yield farming project with a goal of making it easier for users to obtain the highest possible yields with their crypto-assets. The project automatically distributes users’ assets in and out of various liquidity pools in order to find and enter the most profitable opportunities for investment. Yearn.Finance is an ever-growing library of DeFi services that serves as a gateway for the larger DeFi ecosystem. The core feature of Yearn.Finance is the ability to automatically invest users’ assets into the most profitable place available in the DeFi ecosystem through pools of funds called Yearn Vaults. Yearn.Finance boasts an innovative product, an active and involved community, and a trusted developer.
Despite the fact that 100% accurate technical analysis for Yearn.Finance cryptocurrency is hardly possible, on this advanced technical analysis tool by TradingView you can see the real-time aggregated YFI buy-and-sell rating for selected timeframe. The summary for YFI/USD is based on the most popular technical indicators — Moving Averages, Oscillators and Pivots.
Below we have collected the most reliable price projections for Yearn.Finance (YFI) from popular forecast platforms.
#1. WalletInvestor YFI Price Prediction for 2021, 2023, 2025
According to WalletInvestor, Yearn.Finance price will drop from $33954.16 to $27799.70 in one year. That makes YFI an bad investment. The long-term earning potential is -18.13%.
#2. TradingBeasts YFI Price Prediction for 2022
Answering the question about if yearn.finance is a good investment, TradingBeasts say a resounding no. In the 2021 perspective, this coin price is predicted to reach $32,634.641 with a reduction to $28,163.061 by the end of 2022.
#3. DigitalCoin YFI Price Forecast for 2021, 2022, 2023, 2025
In DigitalCoin analysis, the price of yearn.finance cryptocurrency will rise in the next 5 years starting from $34808.4915822 as of today’s price to $128881.7357511. It will go up to $57761.8152069 by 2022 and continue its growth in 2023-2024. Based on this forecast, yearn.finance is a profitable long-term investment.
#4. LongForecast YFI Price prediction for 2021-2022
In 2021, the average Yearn.Finance price will go up to $33972.5. In 2022, Yearn.Finance’s price will rise significantly to an average of $41682.25.
As it can be clear from the analysis cited above, Yearn.Finance (YFI) projections are rather contradictory. There is no universal consensus either about positive or negative future YFI price movements. Indeed, the future possible growth depends on various factors: announcements, new technological solutions of the Yearn.Finance projects, the crypto environment in general, legal position, and so on. We kindly remind you that before investing in any cryptocurrency, it is essential to do your own research (DYOR).
This article should not be considered as offering trading recommendations. The cryptocurrency market suffers from high volatility and occasional arbitrary movements. Any investor should research multiple viewpoints and be familiar with all local regulations before committing to an investment.
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