YFDAI
Fundamental Analysis
Introduce
YFDAI is an entire permissionless DeFi ecosystem that combines Staking & Farming services and soon, Lending/Borrowing services, SafePredict, and Insurance together with their own DEX called SafeSwap and their own LaunchPad where legitimate projects in the DeFi space can launch their new vetted projects with contract audits, locked liquidity and locked dev tokens in time release smart contracts.
BasicInfo
| Name | Value | Name | Value |
|---|---|---|---|
| Symbol | YFDAI | Market Cap | 461930.47 |
| Name | YfDAI.finance | White Paper | -- |
| Web Site | https://www.yfdai.finance/ | Is ICO | None |
| Wallet | -- | Raised Funds | - |
| Source | -- | Distribution | - |
| Explorer | https://etherscan.io/ | Algorithm | -- |
| Forum | -- | Proof | -- |
| Mining | Total | 21000 | |
| Supply | 21000 | Release Date | 2020-09-08 |
| Available Supply | 20603.5 |
Technical Analysis
Kline Data
| Date | Open | High | Low | Close | Volumn |
|---|---|---|---|---|---|
| 2024-12-31 | 21.83 | 22.97 | 20.76 | 22.42 | 2006.53204 |
| 2024-12-30 | 22.62 | 27.19 | 19.2 | 21.9 | 9542.07918 |
| 2024-12-29 | 23.55 | 23.55 | 22.21 | 22.72 | 2258.05605 |
| 2024-12-28 | 24.07 | 25.51 | 22.14 | 25.51 | 6975.2107 |
| 2024-12-27 | 22.91 | 24.76 | 22.01 | 24.44 | 2847.18747 |
| 2024-12-26 | 24.75 | 24.75 | 20.1 | 21.98 | 4294.97836 |
| 2024-12-25 | 24.83 | 27.2 | 23.94 | 24.76 | 1655.49027 |
| 2024-12-24 | 24.05 | 27.34 | 23.81 | 23.93 | 1937.89691 |
| 2024-12-23 | 23.43 | 24.14 | 22.28 | 23.53 | 1098.64528 |
| 2024-12-22 | 23.97 | 24.09 | 22.6 | 23.62 | 1239.81202 |
| 2024-12-21 | 25.41 | 28.0 | 22.77 | 24.3 | 4751.76788 |
| 2024-12-20 | 23.99 | 26.05 | 22.2 | 26.05 | 5542.02017 |
| 2024-12-19 | 27.0 | 27.0 | 23.07 | 23.96 | 6456.28954 |
| 2024-12-18 | 27.89 | 30.97 | 27.0 | 27.01 | 3557.43874 |
| 2024-12-17 | 30.43 | 31.53 | 27.36 | 31.25 | 1599.51262 |
| 2024-12-16 | 31.64 | 31.64 | 27.69 | 30.43 | 3100.26189 |
| 2024-12-15 | 30.39 | 31.88 | 29.74 | 31.88 | 2379.28816 |
| 2024-12-14 | 28.72 | 40.98 | 28.72 | 30.39 | 23160.53246 |
| 2024-12-13 | 30.41 | 31.39 | 28.67 | 28.67 | 1986.89834 |
| 2024-12-12 | 29.58 | 31.4 | 29.58 | 31.4 | 1651.26411 |
| 2024-12-11 | 29.51 | 29.51 | 27.49 | 29.5 | 5500.15144 |
| 2024-12-10 | 30.64 | 32.0 | 27.0 | 29.54 | 4609.60843 |
| 2024-12-09 | 32.9 | 34.08 | 28.01 | 29.55 | 5325.96507 |
| 2024-12-08 | 34.53 | 36.0 | 32.89 | 32.89 | 3341.53704 |
| 2024-12-07 | 29.62 | 35.47 | 28.72 | 33.31 | 5848.06303 |
| 2024-12-06 | 27.5 | 36.0 | 27.14 | 29.97 | 6921.2057 |
| 2024-12-05 | 26.45 | 28.36 | 26.45 | 27.9 | 4329.0746 |
| 2024-12-04 | 26.32 | 28.0 | 22.0 | 25.98 | 8274.65281 |
| 2024-12-03 | 25.99 | 26.39 | 24.56 | 26.34 | 1673.75281 |
| 2024-12-02 | 27.01 | 27.05 | 25.01 | 25.99 | 2161.54995 |
Analysis
The analysis suggests a bearish trend is prevailing in the observed 30-day period. The price experienced a significant drop from a high of 40.98 to a low of 19.2, indicating strong selling pressure. High volatility is evident across the dataset. Volume appears to increase during significant price movements. There appears to be a potential support level around 22, which has been tested several times with a rebound, a potential accumulation area before the next market direction. However, the price still failed to consolidate and the downtrend still exists. Recent price movements indicate a potential retest of previous lows. The trading range for the last week has been relatively tight, but this consolidation is still within the downtrend. Given the overall downtrend, a short position might be considered with tight stop loss above recent highs for risk management. The market is showing signs of weak momentum and the direction could be volatile and subject to sudden changes.
