Defi Coin Price Forecast: September 29
DEFCUSD is currently trading in a strong bullish market. The coin may likely increase further, if the bulls could push the price high and the market price sustains above the $0.0.08600 mark, the potential rally could surge above the $0.10000 higher level to hit the $0.4000 upper resistance value.
DEFC Price Statistics Data:
DEFC price now: $0.08471
DEFC market cap: $8.307M
DEFC circulating supply: N/A
DEFC total supply: $100.00M
DEFC Coinmarketcap ranking: #6174
Key Levels:
Resistance Levels: $0.08600, $0.08700, $0.08800
Support Levels: $0.08100, $0.08000, $0.07900
DEFCUSD Long-term Trend: Bullish (1-hour chart)
The price of DEFCUSD is in a strong resistance zone. The market price now trades at the top part of the rising channel.
The buy traders made a smooth run to a high at $0.08540 value after which the sellers smashed the price and dropped it down to a low at $0.08471 level above the two EMAs as the 1-hourly chart resumes today. This, however, reflects a high impact on the bullish commitment.
A breakout above the mentioned supply trend line will trigger this chart pattern and replenish the bullish momentum.
Furthermore, if Defi Coin buyers could hold above the $0.09550 high mark and close a candle, closing above the mentioned resistance will signal a potential BUY.
As a result, the price could pump or surge upsides to hit the $0.4000 resistance value soon in its long-term outlook.
DEFCUSD Medium-term Trend: Bullish (15-Minutes Chart)
DEFC Price Trades in an Uptrend
On the 15-minute chart, we can see that the price of Defi Coin has an uptrend and is traded in an uptrend channel, so we have to look for support levels or key setups, which will enable us to enter the trade with low risk.
The bulls made a smooth ride up from $0.08470 to a $0.08540 resistance level; the bears returned briefly and drove the price down to $0.08527 above the EMAs shortly after the 15-minute opens today. This shows that the buy traders are actually are the top of the market at the moment, traders are hereby advised to seize the opportunity and buy the coin now for intraday gains.
In addition, the DEFCUSD market has fallen below the 20% range of the daily stochastic. It implies that the selling pressure is likely to end soon. This will compel the buyers to resume sooner and take the price action up and in this case, the price may possibly reach the $0.4000 significant high level in its lower time perspective.
You can purchase DeFi Coin here. Buy DEFC
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