Yearn Finance (YFI), Waves And OMG Price Analysis

Last updated Aug 16, 2020

With the recent Bitcoin’s market dominance, the impact of its price performance on the rest of the market is often overwhelming. After some minor fluctuations from $11,750 to nearly $12,000, Bitcoin lowered its volatility level and traded around $11,900.

Parallelly, major altcoins continue to be volatile again with some massive gains. yEarn Finance (YFI), OMG, and Waves are seeing major bullish trends.

Yearn Finance – YFI

YFI, the governance token of yEarn.finance, continues to rise. In the past 24 hours, it’s risen by a staggering 53%, from lows of $4,198 to highs of $6,435.

At present, the coin has increased by 37.27% against USD and is trading at $6,149.72 USD. In terms of YFI/BTC and YFI/ETH, the price surged up to 37.22% and 40.24%. The coin is trading at 0.52043110 BTC and 14.49415483 ETH respectively.

Currently, the coin is ranking in 67th position, holding a market cap of $184,237,593 USD with $37,355,211 USD 24-hour volume and 30,000 YFI circulating supply.

Yearn Finance (YFI), Waves and OMG Price Analysis 1

Technical Analysis

The Relative Strength indicator has turned bullish on the one-hour time frame which is below 50 levels.
The MACD indicator has turned bullish on the one-hour time frame and continues to issue a sell signal.
The Parabolic SAR markers were below the candles and showcased a Bullish market.

Waves

At present, the coin has increased by 11.90% against USD and is trading at $4.02 USD. In terms of WAVES/BTC, the price surged up to 12.00% trading at 0.00034021 BTC respectively.

Currently, the coin is ranking in 40th position, holding a market cap of$412,887,229 USD with $205,188,036 USD 24 hour volume and 102,752,032 WAVES circulating supply.

Technical Indicators

Next major resistance at $5.90
Next major support level at $5.00
Resistance Strength Index returned form the 30.0 oversold condition

OMG Network – OMG

At present, the coin has increased by 17.35% against USD and is trading at $2.29 USD. In terms of OMG/BTC and OMG/ETH, the price surged up to 17.46% and 20.04% trading at 0.00019353 BTC and 0.00538700 ETH respectively.

Currently, the coin is ranking in 46th position, holding a market cap of$320,600,389 USD with $141,652,755 USD 24-hour volume and 140,245,398 OMG circulating supply.