- Bullish YFII price prediction ranges from $2,151 to $4,821.
- The YFII price might also reach $5,000 soon.
- YFII bearish market price prediction for 2022 is $1,228.
This DFI.Money (YFII) Price Prediction 2022 article is based on technical analysis alone. Below, you will see the key metrics that we have taken into consideration upon coming up with our YFII price analysis and prediction.
Among the cryptocurrencies that are rallying this year, YFII is perhaps one of the most surprising for some. It is not directly related to crypto king Bitcoin (BTC), nor is it the most hyped cryptocurrency today. But for those that are aware, YFII has been around since 2020.
Can YFII reach $5,000 in 2022? We will find out shortly. But before we proceed to our YFII analysis, let us first answer the question “What is DFI.Money (YFII)?” in this YFII prediction 2022 article.
What is DFI.Money (YFII)?
DFI.MONEY, also known as YFII, is a fork of the famous decentralized finance (DeFi) aggregator platform yearn.finance (YFI). Moreover, it is launched in July 2020, which focuses on optimizing returns for DeFi investors while adhering to changes proposed in an upgrade plan known as YIP-8.
In addition to protocol changes, DFI.MONEY has also launched new products, chief among which, the Vault, it explainds as its “killer product.” However, the native token of DFI.MONEY is YFII, a fixed-supply token that liquidity providers receive in accordance with their network interaction.
Now that we are clear about YFII do you think YFII will be beneficial crypto in 2022? Join me and let us see the charts in this YFII price analysis and YFII price prediction.
DFI.Money (YFII) Current Market Status
As of the time of writing this YFII price analysis, YFII trades at $1862.43 with a 24-hour trading volume of $4,429,471. The price of YFII has increased by 3.83% in the last 24 hours.
Furthermore, YFII has a current circulating supply of 38,596.00 YFII. Currently, the top cryptocurrency exchanges for YFII are Binance, OKEx, Huobi Global, CoinTiger, and FTX.
Now, let’s proceed to the next part of this YFII technical analysis for 2022.
DFI.Money (YFII) Price Analysis 2022
Currently, YFII holds 455th place on CoinMarketCap. But will the latest upgrades, development, and changes in the YFII blockchain help the cryptocurrency price to reach higher? Let’s proceed to the charts in this YFII price prediction article.
Keltner channel is a technical analysis indicator that is used to determine trend directions by measuring the volatility above or below the candlesticks. From the Keltner Channel signals for YFII/USDT, we can deduce that the price of DFI.Money might get bullish in some days since the price is almost breaking out at the first half of the channel from the bottom. However, in the long-term, the price might get bullish since top cryptocurrencies like Bitcoin and Ethereum are already getting bearish from the recent bullish run.
YFII/USDT 1Day Chart Showing Relative Strength Index (Source: Tradingview)
The Relative Strength Index (RSI) measures the relative momentum in the magnitude of recent price changes so as to deduce oversold or overbought assets. The RSI value of the 1Day chart is 44.26. This shows that DFI.Money (YFII) is showing a neutral trend since its RSI lies between 30 and 50. This value can trigger a bullish or bearish run if investors reposition themselves either towards the buyers or sellers.
From the chart above, the 200-MA is above the 100-MA which means that long-term investors would gain. However, since the gap between the two moving averages is wide and the 100-MA is not touching some previous candlestick, the price of the coin might increase soon.
DFI.Money (YFII) Price Prediction
The chart below shows that YFII has performed fairly over the past few days and has gained 4.4% within seven days. Moreover, the YFII price shows a bullish trend. If this trend continues, YFII might run along with the bulls, overtaking its $2,151 resistance1 level and moving higher to $4,821 at resistance4, the bullish signal for 2022.
Conversely, if the investors turn towards crypto, the bears might take over and push YFII from its uptrend position. In simpler terms, the price of YFII might plummet to almost $1,228, a bearish signal.
Meanwhile, our long-term YFII price prediction for 2022 is bullish. It has a high possibility of reaching new heights. However, that will only happen if it breaks many past psychological resistances.
DFI.Money (YFII) Price Prediction 2022
If this bullish trend continues, DFI.Money (YFII) will reach $4,821 by the end of 2022. Moreover, the first half of 2022 is going to show fast growth, up to $2,151. Then this rise will slow down, but no major falls are expected. With upcoming, partnerships, and developments reaching $5000 is quite optimistic in the price point of view but undoubtedly feasible for the near future.
DFI.Money (YFII) Price Prediction 2023
The price of DFI.Money (YFII) can move even great heights, however reaching $7,000 Moreover, this is possible only if the market maintains its bullish trend. In addition, only if the cryptocurrency YFII breaks past the psychological resistance level.
DFI.Money (YFII) Price Prediction 2024
The price of the DFI.Money (YFII) can move even great heights, however reaching $9,000 Moreover, this is possible only if the market maintains its bullish trend. In addition, only if the cryptocurrency YFII breaks past the psychological resistance level.
DFI.Money (YFII) Price Prediction 2025
In the next four years, DFI.Money (YFII) prices could race up to $12,000. However, reaching this level could not be so difficult for YFII as an additional medium, short-term, and long-term price targets could be found to purchase or sell orders. This indicates that DFI.Money has a high possibility of reaching a new ATH soon in the next four years as per the prediction.
DFI.Money (YFII) Price Prediction 2026
In the next five years, DFI.Money (YFII) prices could race up to $15,000. However, reaching this level could not be so difficult for YFII as additional medium, short-term, and long-term price targets could be found to purchase or sell orders. This indicates that DFI.Money has a high possibility of reaching a new ATH soon in the next five years as per the prediction.
Conclusion
YFII has a bright future ahead of it in 2022. With the ongoing developments happening within the YFII ecosystem, as well as in the overall crypto market, we may see YFII reach new heights.
Bullish YFII price prediction for 2022 is $4,821. As said above, it may even reach its new ATH if investors have decided that YFII is a good investment in 2022, along with mainstream cryptocurrencies like Bitcoin and Ethereum.
FAQ
Users can obtain YFII tokens by purchasing them from cryptocurrency exchanges such as Binance, OKEx, Huobi Global, CoinTiger, and FTX.
YFII is a good investment in 2022. However, YFII has a high possibility of reaching new heights this year.
Yes, it’s very much possible that YFII might reach $5,000 in the near future as per the current bullish trend.
DFI.Money (YFII) price is expected to reach between $2,151 and $4,821 by 2022.
DFI.Money (YFII) price is expected to reach $7,000 by 2023.
DFI.Money (YFII) price is expected to reach $9,000 by 2024.
DFI.Money (YFII) price is expected to reach $12,000 by 2025.
DFI.Money (YFII) price is expected to reach $15,000 by 2026.
Disclaimer: The views and opinions expressed in this article are solely the author’s and do not necessarily reflect the views of CoinQuora. No information in this article should be interpreted as investment advice. CoinQuora encourages all users to do their own research before investing in cryptocurrencies.
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