Defi Coin Price Forecast: August 30
DEFCUSD is facing an increase in the buying pressure and it could continue to rally upside if all the current supports hold and the price breaks the $0.07311 upper resistance zone. The next price target could be $0.2000 upper high level.
DEFC Price Statistics Data:
DEFC price now: $0.07295
DEFC market cap: $7.24M
DEFC circulating supply: N/A
DEFC total supply: $100.00M
DEFC Coinmarketcap ranking: #6042
Key Levels:
Resistance Levels: $0.07400, $0.07500,$0.07600
Support Levels: $0.07100, $0.07000, $0.06900
DEFCUSD Long-term Trend: Bullish (1-hour chart)
DeFi Coin is in a strong bullish trend in the long-term perspective. The price bars can be seen trading above the moving averages, this confirms a bullish momentum.
The crypto made an upward move from the $0.07287 to $0.07295 resistance level above the two EMAs shortly after the 1-hourly session opened today. This enables the buy traders to influence the price tendency of DEFCUSD to rise further.
In addition to that, the price action might possibly continue in an uptrend as the price indicator signaled upward; we can expect the price to reach a psychological $0.2000 supply level soon before we start seeing the negative move in its long-term outlook.
DEFCUSD Medium-term Trend: Bullish (15-Minute Chart)
DEFC Watch Out for Buy
The currency pair remains in a strong bullish market trend in its lower time frame. The market value at $0.07295 high level can be seen above the moving averages which makes it capable for the coin to remain stronger.
Furthermore, the bullish momentum might be triggered and the price may likely increase to a $0.2000 high value soon if the current support remains unmoved and the bulls should speed up their activities in the market in its medium-term outlook.
You can purchase DeFi Coin here. Buy DEFC
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