Defi Coin Price Forecast: July 11
DEFCUSD is poised for an increase therefore; if the buyers should accelerate their price action in the market $0.1321 upper resistance level may be retested.
DEFC Price Statistics Data:
DEFC price now: $0.1184
DEFC market cap: $11.84M
DEFC circulating supply: N/A
DEFC total supply: $100.00M
DEFC Coinmarketcap ranking: #4517
Key Levels:
Resistance Levels: $0.1300, $0.1350, $0.1360
Support Levels: $0.1180, $0.1170, $0.1160
DEFCUSD Long-term Trend: Bearish (1-hour chart)
DeFi Coin is in a bearish trend on the 1-hourly chart. The pair has reached the $0.1212 resistance level as the 1-hourly chart opens today after which the coin dropped to the $0.1184 support level.
However, with this trend, traders may buy the coin at a low price and move the market higher.
Meanwhile, DEFCUSD which is pointing upward at the oversold region indicates that bulls are coming soon to change the trend of the market to a significant level, and in this case, a $0.1321 high level may be the target in its higher time frame.
Therefore traders should get ready for a time to buy the coin as the market turns into a bullish scene very soon.
DEFCUSD Medium-term Trend: Bearish (15-Minute Chart)
DEFC Price to Reach $0.1321 High-Level Soon
The market value of DeFi Coin on the lower time frame (15 minutes) at $0.1184 is seen below the moving averages. This will enable the price to rise further in no long time as the bulls are coming in a grand style to dominate the market. Traders may use this opportunity to buy the coin at a cheaper rate as the market turn bullish in the coming days.
The momentum indicator also pointing up at around level 48% in the oversold region suggests that the market value of the coin may likely reverse and in this case an uptrend in the coming days. So we expect the price distribution to retest the $0.1321 resistance level as the market turns bullish sooner in its lower time frame.
You can purchase DeFi Coin here. Buy DEFC
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