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Harvest finance predictions12/12/2023 On the date of publication, Bret Kenwell did not have (either directly or indirectly) any positions in the securities mentioned in this article. If it can’t, then the newly established 21-week moving average may be in play.Ībove $217.50 keeps the 61.8% retracement in play, followed by this week’s current high of $289. Fading from this area, FARM-USD will be trying to stay above $200. Harvest Finance Crypto approached the $300 level this morning, which has been resistance. For the week though, volume sits at 852,000, just shy of the current weekly volume record of 1.055 million set in the second week of August. That blows away the previous record-volume day of roughly 392,500. So far, FARM-USD has generated volume of more than 770,000 on Tuesday. The rally comes after the coin gained 22% on Monday. FARM-USD began trading on Coinbase (NASDAQ: COIN) on July 29.Ĭurrently up about 90% on the day at the time of writing, FARM was up 144% at the session high.1, 2020, while FARM-USD launched on Sept. The coin price is back above $200 for the first time since September.Harvest Farm crypto is hosted on Ethereum and requires 35 network confirmations.With today’s rally, the crypto’s market capitalization currently sits at roughly $140 million.What else should investors know? Let’s take a look. It’s the Harvest which does this for the users, and it’s audited through smart contracts, thereby saving the trouble of doing it all independently.” “The first-time farmers, while using Harvest Finance, will not have to face the hurdle of calculating fees for the transaction being done or while moving assets between DeFi protocols. Harvest Finance’s token is FARM, which utilizes smart contracts - a major benefit with Ethereum - to maximize efficiency. So, what is the Harvest Finance crypto? “Harvest Finance empowers you to deposit tokens from various supported cryptocurrencies, working in potentially high-yield DeFi pools.”
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