Defi Coin (DEFC) Sellers in Panic! Buy!

Defi Coin Price Forecast: August 26
DEFCUSD is facing high pressure from the buy traders. The bullish move will most likely continue. The price has been experiencing a series of higher highs in the previous action. And from the look of things, if the bulls add more effort to their buying activities in the market, the coin will remain in the bullish market and may possibly reach a $0.2000 resistance level soon.

DEFC Price Statistics Data:
DEFC price now: $0.07523
DEFC market cap: $7.52M
DEFC circulating supply: N/A
DEFC total supply: $100.00M
DEFC Coinmarketcap ranking: #5820

Key Levels:
Resistance Levels: $0.07500, $0.07600, $0.07700
Support Levels: $0.06800, $0.06700, $0.06600
DEFCUSD Long-term Trend: Bullish (1-hour chart)
In the chart above, we can see that the price of DEFCUSD has an uptrend and is traded in an uptrend channel. The prices are above the moving averages and have confirmed a bullish momentum breaking the previous high.

Today, Defi Coin made an upward move from level $0.07221 to the $0.07523 resistance level above the moving averages to resume its uptrend.

There is a possibility for the coin to rise massively if the pressure from the long traders is aggressively increased. The currency pair might likely retest a $0.2000 supply level soon in its higher time frame.

DEFCUSD Medium-term Trend: Bullish (15-Minute Chart) DEFC Price Will Rise Further
On the lower time frame, the currency pair is also progressing forward as we can see from the 15- minute chart below. The price has been in a bullish rally in the past few minutes and from the look of it, it will keep rising further.

Defi Coin market price rises to a $0.07523 high level above the moving averages as the 15-minute session begins today, this implies that the bulls are in control of the market prices at the present. This will actually enable the buy traders to influence the price tendency of the coin to move above the key levels.

Hence, with this current trend, the price of DEFCUSD may likely rebound to the $0.2000 resistance level in no long time as we watch the market buying pressure continues in the lower time frame.

You can purchase DeFi Coin here. Buy DEFC