UNFI Price Prediction

UNFI is a DeFi coin with the goal of assisting businesses and traditional financial institutions in developing DeFi solutions. On their DeFi lending platform uLend, the UNFI token can be lent peer-to-peer.

Sesameseed, a DeFi staking platform, and its CEO Juliun Brabon invented the Unifi Protocol DAO. Sesameseed’s active online community has formed a decentralized autonomous organization (DAO) that votes on the project’s direction. On June 7th, they issued a press release announcing a ‘massive update’ to their ‘multichain architecture’ and DeFi ecosystem. In March 2021, the UNFI reached an all-time high of $44.4. UNFI achieved a 97 percent retrace low of $1.32 in May as a result of the LUNA and UST crashes. Let us review the UNFI price

UNFI Price Prediction

UNFI Price Prediction

The UNFI price jumped 17 times from its June monthly low of $2.45. It reaches to the top of the wick at $41.8 because of the upgrade news. As a result of short liquidations it was the quick bounce back to near the UNFI all-time high. Despite the initial sell-off and drop back to roughly $7, the price of the Unifi Protocol DAO is still up 139 percent in June.

The price range between $9.02 and $6.5 is the decisive demand zone. In the case of a bullish rise, the primary resistance levels for UNFI are $9.02 and $12.20. If UNFI is able to break past the $9.02 price level, the $12.20 price level may be the next likely barrier to overcome. Low-cap cryptos pump faster than large-cap cryptos so they might be a good or bad investment. Pumping and dumping it is simple. For a bullish rally to continue, the support levels of $6.5 and $4.06 must hold.

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