Day: September 27, 2020

Moving Averages Show More Upside Is Likely

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Yearn.finance (YFI) has surged higher in the past 24 hours despite stagnation in the price of Bitcoin and Ethereum. The leading cryptocurrency, which is in the top 30 by market capitalization, is up 20% in the past 24 hours, having moved from around $25,000 to $29,000 as of this article’s writing. It is one of the top-performing altcoins in the top 100. Related Reading: MicroStrategy’s Stock Continues to Soar After Bitcoin Purchase Yearn.finance (YFI) May Have Room to Rally After Retaking $29,000 Analysts say that YFI has room to move higher…

Chainlink Could Soon Push Towards $12.00 if Bulls Break One Key Level

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Chainlink has been one of the most volatile altcoins throughout the past several days and weeks, with its buyers and sellers both vying for control over its near-term trend. This has resulted in the cryptocurrency seeing some relatively large price movements, with a bout of capitulation sending it down to lows of $7.50 earlier this week before bulls stepped up and sent it surging to nearly $11.20. The intensity of this rebound has boded well for bulls because it indicates that they still have significant underlying strength that may allow…