Defi Coin Price Forecast: September 24
DEFCUSD price now trades at the top rising channel; this gives room for a more bullish impact on the market. However, this massive breakout may continue if buyers could sustain the $0.07772 current supply level and closes above the mentioned resistance, the coin could rally up to a $0.4000 high level.
DEFC Price Statistics Data:
DEFC price now: $0.07772
DEFC market cap: $7.752M
DEFC circulating supply: N/A
DEFC total supply: $100.00M
DEFC Coinmarketcap ranking: #6105
Key Levels:
Resistance Levels: $0.08900, $0.09000, $0.009100
Support Levels: $0.07480, $0.07380, $0.07280
DEFCUSD Long-term Trend: Bullish (1-hour chart)
DEFCUSD is losing bearish momentum as it rises above the $0.07750 resistance level in its long-term outlook. The price is moving in an uptrend making higher highs and moving toward the upper resistance area.
The bulls caused a rise upward from the $0.07772 level to the $0.07789 supply level above the moving averages as the 1-hourly chart opens today. This, however, gave the buy traders the motive to influence the price tendency. The currency pair’s orientation trades in a general bullish flow and with the look of things, it will further rise.
Moreover, the coin chart reflects a buy signal with the bullish crossover between the 9-and-50-day EMA. Thus, there is a possibility for more upsides as the buyers are seen clustered around the market as indicated by the daily stochastic.
This potential uptrend could possibly reach a high at $0.4000 supply level in the coming days in its higher time frame.
DEFCUSD Medium-term Trend: Bullish (15-Minute Chart)
DEFC Price Remains Strongly Bullish
The DEFCUSD price is trading in a strong uptrend in its lower time frame. Price is trading above the moving averages of the price channel again.
The market was propelled higher by the bulls until it reached a new high of $0.077751 resistance value. The price has been in a bullish rally from the previous action and this may likely continue.
In addition, there is an indication that the price will rise further as indicated by the price signal pointing up. It is expected the buyers to push the price of Defi Coin up to a high level at the $0.4000 resistance value in the coming days in its lower time frame.
You can purchase DeFi Coin here. Buy DEFC
Leave a Reply