Defi Coin Price Forecast: August 8
DEFCUSD price may likely continue its uptrend if the buyers should exert more force on the price action in the market, $0.1500 high level may be retested.
DEFC Price Statistics Data:
DEFC price now: $0.1397
DEFC market cap: $13.99M
DEFC circulating supply: N/A
DEFC total supply: $100.00M
DEFC Coinmarketcap ranking: #5769
Key Levels:
Resistance Levels: $0.1390, $0.1490, $0.1590
Support Levels: $0.1224, $0.1124, $0.1024
DEFCUSD Long-term Trend: Bullish (1-hour chart)
DEFCUSD is losing bearish momentum as can be seen vividly from the chart above. This means that the trend is in an uptrend in its long-term view.
The market price of the pair at a $0.1399 high level above the moving averages shortly after the 1-hourly chart opens today indicates that the buyers are having the market price at their disposal at the present.
Hence, the crypto market value might increase further to a $0.1500 high level if the current support level at $0.1394 holds.
DEFCUSD Medium-term Trend: Bullish (15-Minute Chart)
DEFC Price to Retest $0.1500 High-Level Soon
On the lower time frame, the currency pair is trading in a bullish trend market zone. The price has been in a bullish rally in the past few minutes and from the look of it, it will keep rising further.
The market price of Defi Coin at a $0.1399 high level above the moving averages indicates that the bulls are on top of the market at the moment.
Thus, there is an indication that the price will rise further as indicated by the price signal pointing up. It is expected of the buyers to push the price of the coin up to a high level of $0.1500 in the coming days in its lower time frame.
You can purchase DeFi Coin here. Buy DEFC
Leave a Reply