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Defi Coin (DEFC) May Likely Reach $0.1300 High-Level Soon

Johnathon Fox
06/20/2022 | UPDATED ON: 06/20/2022

Defi Coin Price Forecast: June 20
DEFCUSD was able to reach the high of $0.1222 level during yesterday’s session and sustained it. The crypto at the $0.1157 support level at the time of writing this article may retest the $0.1300 high level soon if the current support level holds.

DEFC Price Statistics Data:
DEFC price now: $0.1157
DEFC market cap: $11.912M
DEFC circulating supply: N/A
DEFC total supply: $100.00M
DEFC Coinmarketcap ranking: #5886

Key Levels:
Resistance Levels: $0.1220, $0.1320, $0.1420
Support Levels:   $0.1150, $0.1100, $0.1050

DEFCUSD Long-term Trend: Bullish (1-hour chart)

DEFCUSD Long-term Trend: Bullish (1-hour chart)
Today, DeFi Coin has reached the $0.1228 resistance level after which the bears in-road and drop the market value of the coin down to a low of 0.1157 as the 1-hourly chart opens today.

The coin can be seen trading below the moving averages, with these buyers can buy at a lower price, likewise, if the bulls should increase their price action, and bullish momentum is sustained, the cryptocurrency will resume upside momentum and move the market value up to a high of 0.1228 as indicated by the momentum indicator that the price is oversold already.

DEFCUSD Medium-term Trend: Bullish (15-Minutes Chart)

DEFCUSD Medium-term Trend: Bullish (15-Minutes Chart)

DEFC Price Likely to Reach $0.1228 High-Level Soon

DEFCUSD is trading in the bearish trend zone in the lower time frame. The coin reached the $0.1186 high level before dropping to the $0.1157 low level as the 15-minutes chart opens today.

However, there is a possibility of a further rise in the price of DeFi Coin as the market value is in the oversold region of the daily stochastic.

Buyers are likely to move the price to a significant level of $0.1228 as the market turns to a bullish zone in its lower time frame.

You can purchase DeFi Coin here. Buy DEFC

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About Johnathon Fox

Johnathon is a Forex and Futures trader with over ten years trading experience who also acts as a mentor and coach to thousands and has written for some of the biggest finance and trading sites in the world.

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