• Desire for financial industry hedging arbitrage borrowing platform to obtain the best annual interest rate
• The Desire for Finance token rose 44% in one week.
• Cryptocurrency meets resistance, and investors should be concerned about the lower level.

In a week, the earnings of cryptocurrency are mixed, Yen. Financial industry YFI/USD is only one of the few loan currencies with strong growth rate. With a 7-day yield of 44%, the token is only comparable to Filecoin and Optimism among the first 100 coins. Because YFI has already reached an important bottom, the profit is more obvious. Does this mean that this will be the same as last year?

Desire for the financial industry to operate on the Ethereum blockchain. According to different types of online loan platforms in litigation, the agreement has been awarded the title of cryptocurrency industry. They contain chemicals, Aave and dYdX. It is mainly through the selection of the cheapest channel to generate the maximum revenue for customers. Customers can also obtain YFI tokens by betting on contracts. Users can lock a large number of encrypted assets according to the "profit farm" to improve profitability.

According to YFI's latest profit statement, investors firmly believe that DeFi is the future. Other DeFi service platforms, such as Aave and Compound, have already risen by double digits. It is only a matter of time before Yearn Finance is inferior.

The financial industry suffers from resistance after the desire to rise every week

Origin – TradeView

Following the new rise, YFI encountered resistance at $12400. The token has declined, and the current buying and selling price is 10630 US dollars. The MACD index value rose, but the trend has weakened.

I firmly believe that YFI will correct as investors make profits in the resistance area. However, because the token is far higher than the important resistance of $7250, it is expected to touch higher quality. Cryptocurrency can also be adjusted according to support level or moving average system. Investors should sell and buy at a low price.

Summary

YFI rose 44% in a week. After the token hit resistance, investors took profits. Once the token achieves the appropriate fulcrum, investors should buy it.