Cryptocurrencies Price Prediction: Yearn Finance, Ethereum & Cardano – American Wrap 11 May

Yearn Finance Price Prediction: YFI targets $100,000

Yearn Finance price leading cryptocurrency list today with 18% gain. Broadening ascending channel containing price action since November. Daily Relative Strength Index (RSI) at levels consistent with previous rally highs. Yearn Finance price is reaching overbought levels, but the rally’s strength over the last two days projects further gains for the altcoin in the short term, potentially 40% from the current price.

Ethereum Classic Price Forecast: ETC correction presents new opportunity to profit

Ethereum Classic price declines to the 61.8% Fibonacci retracement in four days. Daily volume shows no signs of panic selling. Social media mentions aggressively decline to prior average. Ethereum Classic price resolves pennant continuation pattern to the downside on relatively light volume following three consecutive inside days on the bar chart. Residual selling pressure may dampen rebound attempts, but if a new low is printed, it should be marginal. 

Elliott Waves on ADA and ONE – Is the correction done?

Ada continues trading near all-time highs and harmony looks all set to move higher once again. Where could this last leg on both cryptocurrencies end? More details in the video below.

 

Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets. You should do your own thorough research before making any investment decisions. FXStreet does not in any way guarantee that this information is free from mistakes, errors, or material misstatements. It also does not guarantee that this information is of a timely nature. Investing in Open Markets involves a great deal of risk, including the loss of all or a portion of your investment, as well as emotional distress. All risks, losses and costs associated with investing, including total loss of principal, are your responsibility. The views and opinions expressed in this article are those of the authors and do not necessarily reflect the official policy or position of FXStreet nor its advertisers.


RELATED CONTENT

Loading ...



Copyright © 2024 FOREXSTREET S.L., All rights reserved.