Defi Coin Price Forecast: July 2
DEFCUSD possibly makes its way up after hitting the $0.1350 level to overcome the resistance of $0.1450 to signal a pump. The crypto may likely reach the upper resistance level of $0.1500 if the bulls should increase their price movement in the market.
DEFC Price Statistics Data:
DEFC price now: $0.1378
DEFC market cap: $12.36M
DEFC circulating supply: N/A
DEFC total supply: $100.00M
DEFC Coinmarketcap ranking: #4239
Key Levels:
Resistance Levels: $0.1400, $0.1500, $0.1600
Support Levels: $0.1350, $0.1250, $0.1150
DEFCUSD Long-term Trend: Bullish (1-hour chart)
Today, Defi Coin made an upward move to the $0.1378 resistance level to resume its uptrend as the 1-hourly chart opens. In previous price action, the cryptocurrency has been trading between and above the moving averages. This means that the price action is at the bull’s disposal. This gives room for a more bullish impact on the market.
The market price of DEFCUSD at $0.1378 high-level trading above the EMA-9 suggests that the bears are getting weaker and the bulls are set now to take us up to a significant level of $0.1500 in the nearby days in the long-term perspective.
Further downward is not likely as the momentum indicator signaled up at around level 48%; this indicates more upsides as the buyers continue to dictate the market condition at the moment and in the days ahead in the long-term view.
DEFCUSD Medium-term Trend: Bearish (15-Minute Chart)
DEFCUSD Likely to Reach $0.1500 Upper Resistance
The market value of DeFi Coin on the lower time frame (15 minutes) at the $0.1111 resistance level can be seen below the moving averages. The price is currently recovering and showing positive signs above $0.1100.
However, the bulls may likely continue the uptrend movement soon as the price of DeFi Coin points upward in the oversold region of the daily stochastic. This means that the coin has reached bearish exhaustion, so it is expected of the buyers to take us to a significant level of $0.1500 upper resistance level soon in the days ahead in its medium-term outlook.
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