{"@context":"https:\/\/schema.org\/","@type":"BlogPosting","@id":"https:\/\/forexschoolonline.com\/defi-coin-defc-might-possibly-retest-0-1576-resistance-level-soon\/#BlogPosting","mainEntityOfPage":"https:\/\/forexschoolonline.com\/defi-coin-defc-might-possibly-retest-0-1576-resistance-level-soon\/","headline":"DeFi Coin (DEFC) Might Possibly Retest $0.1576 Resistance Level Soon","name":"DeFi Coin (DEFC) Might Possibly Retest $0.1576 Resistance Level Soon","description":"Defi Coin Price Forecast: June 18DEFCUSD may head towards a $0.1576 high level if the buyers increase their forces in the market, further rise is certain to reach a significant bullish level. DEFC Price Statistics Data:DEFC price now: $0.1190DEFC market cap: $11.303MDEFC circulating supply: N\/ADEFC total supply: $100.00MDEFC Coinmarketcap ranking: #4732Key Levels:Resistance Levels: $0.1570, $0.1670, [&hellip;]","datePublished":"2022-06-18","dateModified":"2022-06-20","author":{"@type":"Person","@id":"https:\/\/forexschoolonline.com\/author\/jonfox\/#Person","name":"Johnathon Fox","url":"https:\/\/forexschoolonline.com\/author\/jonfox\/","identifier":1,"description":"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.","image":{"@type":"ImageObject","@id":"https:\/\/secure.gravatar.com\/avatar\/d0b589a007c132efe23124c05a02b68524844c0089401129bd50bc12ee59d3a9?s=96&d=monsterid&r=g","url":"https:\/\/secure.gravatar.com\/avatar\/d0b589a007c132efe23124c05a02b68524844c0089401129bd50bc12ee59d3a9?s=96&d=monsterid&r=g","height":96,"width":96}},"publisher":{"@type":"Organization","name":"Forex School Online","logo":{"@type":"ImageObject","@id":"https:\/\/www.forexschoolonline.com\/\/wp-content\/uploads\/2018\/09\/FSO-Transparent-logo-gr.png","url":"https:\/\/www.forexschoolonline.com\/\/wp-content\/uploads\/2018\/09\/FSO-Transparent-logo-gr.png","width":240,"height":60}},"image":{"@type":"ImageObject","@id":"https:\/\/forexschoolonline.com\/wp-content\/uploads\/2022\/06\/deflnt.png","url":"https:\/\/forexschoolonline.com\/wp-content\/uploads\/2022\/06\/deflnt.png","height":548,"width":900},"url":"https:\/\/forexschoolonline.com\/defi-coin-defc-might-possibly-retest-0-1576-resistance-level-soon\/","about":["FX Technical Analysis","Price Action Charts in Focus","Trade Idea"],"wordCount":303,"keywords":["DEFC","DEFCUSD","DeFi Coin","Technical Analysis"],"articleBody":"Defi Coin Price Forecast: June 18DEFCUSD may head towards a $0.1576 high level if the buyers increase their forces in the market, further rise is certain to reach a significant bullish level.DEFC Price Statistics Data:DEFC price now: $0.1190DEFC market cap: $11.303MDEFC circulating supply: N\/ADEFC total supply: $100.00MDEFC Coinmarketcap ranking: #4732Key Levels:Resistance Levels: $0.1570, $0.1670, $0.1870Support Levels:\u00a0 \u00a0 $0.1190, $0.1090, $0.0990DEFCUSD Long-term Trend: Ranging (1-hour chart)The coin is in a ranging market in its long-term (1H) outlook. The bulls and the bears are warring with each other.DeFi Coin price is in consolidation and trading between $0.1576 in the resistance area and at $0.1190 in the support area of the range. A breakout at the upper resistance area or breakdown at the lower support area followed by a retest may occur hence patience is required to allow this to happen before a position is taken.In case the bulls try to increase their pressure, the resistance level of $0.1576 may be tested which may be a broken upside, and the price increases to $0.1661 and $0.1680 high levels.The stochastic oscillator also shows that the market price of the coin is oversold, therefore buyers are expected to push the price of DEFCUSD up to $0.1576 and beyond in the latter days of its higher time frame.DEFCUSD Medium-term Trend: Ranging (15-Minute Chart)DEFCUSD May likely Retest $0.1576 High Level SoonThe market value of DeFi Coin on the lower time frame (15 minutes) is in a ranging move. The market value of the pair at a $0.1190 low level can be seen below the moving averages.Meanwhile, the momentum indicator shows that the price is in the oversold region, meaning that a breakout by the bulls is imminent and in no long time the price might likely retest the $0.1576 resistance level in its lower time frame.You can purchase DeFi Coin here. Buy DEFC"}