SushiSwap and Yearn Finance buyers are relatively strong. Even so, SUSHI prices are in a tight consolidation, while the YFI breakout above $40k may lift the token to $93k.
SushiSwap (SUSHI)
The DEX is multi-chain and uses SUSHI for governance.
Past Performance of SUSHI
Despite the solid performance across the board, SushiSwap token prices are relatively soft and under-performing.
From the daily chart, SUSHI crypto sellers appear to be in control, forcing a sideways movement inside a bear bar.
Day-Ahead and What to Expect
The SUSHI coin applicable trading volumes are low, subsequently banding the token in a tight $3 zone with caps at recent November 2021 highs of around $14.
On the lower end, the primary support is at $11 and later $10.
A breach of either reaction line would define the medium-term trend, either lifting SUSHI/USDT above $14 or triggering a sell-off below $10.
SushiSwap Technical Analysis
Technically, there are a series of higher highs visible in the daily chart.
SUSHI crypto buyers are in command despite the consolidation of the last few trading days.
Since buyers appear to be in the driving seat, aggressive SUSHI traders may load the dips in anticipation of a breach above $14.
In that eventuality, SUSHI/USDT may expand to the H2 2021 high of $16 in a buy trend continuation pattern.
Yearn Finance (YFI)
The yield aggregating DeFi platform relies on the low total supply token, YFI.
Past Performance of YFI
The Yearn Finance token price is flat-lining with caps at $32k and $40k.
Even still, YFI coin buyers have the upper hand. They are likely to break above immediate reaction levels to the upside.
Day-Ahead and What to Expect
Overall, Yearn Finance crypto buyers are in charge.
The present sideways movement may either prove to be an accumulation or distribution depending on the breakout direction.
A surge above $40k may propel YFI/USDT to $93k, while a dump presses YFI back to $26k.
Yearn Finance Technical Analysis
There is a three-bar reversal pattern signaling strength in the daily chart.
Even still, prices are still trending inside the October 27 bear candlestick.
From this blend, the best approach for risk-averse traders is to wait for a fitting breakout.
If the current sideways movement leads to an upswing above $440k, buyers may find entries to target all-time highs of around $93k.
