Defi Coin (DEFC) May Possibly Swing to a $0.1250 High-Level Soon

Defi Coin Price Forecast: August 4
DEFCUSD price may likely increase further and reach the upper resistance level of $0.1240 if the bulls should add more pressure to the price action in the market.

DEFC Price Statistics Data:
DEFC price now: $0.1240
DEFC market cap: $11.57M
DEFC circulating supply: N/A
DEFC total supply: $100.00M
DEFC Coinmarketcap ranking: #6021

Key Levels:
Resistance Levels: $0.1250, $0.1350, $0.1450
Support Levels: $0.1100, $0.1000, $0.0900
DEFCUSD Long-term Trend: Bullish (1-hour chart)
The currency pair’s orientation trades in a general bullish flow in the long-term view as can be seen from the chart above.

DEFCUSD has been able to reach the $0.1235 resistance level which later increases further to a $0.1240 high level above the two EMAs as the 1-hourly session resumes today.

Trading above the moving averages however will give the bulls the tendency to influence the price movement in the market at the moment. So, if bulls should increase their price action, and bullish momentum is sustained, the cryptocurrency will continue its upside train and a $0.1250 high level may be reached soon.

The buyers are expected to continue with its uptrend as the stochastic is telling us that the price is still pointing up in the overbought region. Defi Coin price may likely continue its positive move and reach a significant level on the upside soon in the long-term perspective.

DEFCUSD Medium-term Trend: Bullish (15-Minute Chart)DEFCUSD to Reach the $0.1250 High-Level
DEFCUSD really looks tasty for the bulls. The market value of the Coin in the lower time frame (15 minutes) at $0.1240 is seen above the moving averages, this implies that the price is in an uptrend. The moving averages have already widened their gap, indicating that the bulls are regaining market strength.
 
We can expect more positive moves as indicated by the momentum indicator, the coin may likely reach the $0.1250 resistance value soon as the coin continues its uptrend movement in its medium-term outlook.

You can purchase DeFi Coin here. Buy DEFC