Defi Coin Price Forecast: August 3
At the moment the DEFCUSD price faces the positive side as the bulls aim to drag the market value to the resistance level of $0.1250. Therefore, the crypto may likely reach the upper resistance level of $0.1500 if the bulls should put more aggression into the market activities.
DEFC Price Statistics Data:
DEFC price now: $0.1159
DEFC market cap: $11.57M
DEFC circulating supply: N/A
DEFC total supply: $100.00M
DEFC Coinmarketcap ranking: #6021
Key Levels:
Resistance Levels: $0.1180, $0.1280, $0.1380
Support Levels: $0.1110, $0.1010, $0.0910
DEFCUSD Long-term Trend: Bullish (1-hour chart
Today, DeFi Coin is trading above the moving averages, meaning it’s in a bullish momentum in the long-term outlook. This gives room for a more bullish impact on the market.
The market value of the coin is at a $0.1159 high level as the 1-hourly chat opens today which is above the moving averages indicating that the bulls are in charge of the market at the moment and bullish momentum.
The buyers are disposed to continue their uptrend orientation as the bullish momentum increases in the market.
It is expected that the buyers will hit the key level of $0.1500 upper high level soon in the long-term as the momentum indicator tells us that the price is going up approaching the overbought region.
DEFCUSD Medium-term Trend: Bullish (15-Minutes Chart)
DEFCUSD Is in a Smooth Uptrend
DEFCUSD is trading in a smooth upward movement in its medium-term perspective. After a minor drop to a $0.1118 low level, the bulls came in and pushed the market value of the coin up to a $0.1159 high level above the moving averages as the 30-minute session opens today.
As an outcome of high bullish momentum, the buyers are hindering the market from smashing through the support zones. Therefore, if the bulls increase their tension in the market, the price tendency will move above the key levels.
DEFCUSD is set to be stronger in the coming days as the price indicator signal an upward move, so we can certainly expect more actions from the buyers as they move the price of the coin up to a $0.1500 high level soon in its lower time frame.
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