Defi Coin (DEFC) Price Breakout from Support, Buy!

Defi Coin Price Forecast: October 4
DEFCUSD price might possibly break out and resume its uptrend soon if the buyers should trigger the buying pressure and break up the $0.08927 resistance level, the coin price may prolong the correction rise to a $0.400 high level. Thus, a clear buy signal.

DEFC Price Statistics Data:
DEFC price now: $0.08753
DEFC market cap: $7.81M
DEFC circulating supply: N/A
DEFC total supply: $100.00M
DEFC Coinmarketcap ranking: #5041

Key Levels:
Resistance Levels: $0.08700, $0.08800, $0.08900
Support Levels: $0.08300, $0.08200, $0.08100
DEFCUSD Long-term Trend: Bullish (1-hour chart)
The momentum on the long-term outlook is still in an uptrend despite the inflows from the sell traders. The price bar is can be seen slightly above the EMA-9. Thus, the bulls are capable of pushing higher from this trend line.

The bulls also hindering the market price of DEFCUSD from being smashed by the bears made a ride to the $0.08764 supply level after which the sellers dropped the price down to the $0.08753 support mark above the EMA-9. This is an opportunity for the buy traders to buy at a lower price.

Meanwhile, there is a possibility of a bullish breakout if the bulls should add more effort to the tension in the market. The next target could be the $0.400 supply trend mark from a long-term perspective.

DEFCUSD Medium-term Trend: Bullish (15-Minute Chart)DEFC Price Facing the Upside Soon
DEFCUSD is on the positive side of the lower time frame. The price now trades above the two moving averages.

After a series of sideway moves and inflows from the sellers, the bulls caused a rise to the $0.08764 supply value above the two EMAs. The momentum was lost while the bears dropped the price down to a low of $0.08753 level.

Now, the bulls couldn’t relent, so the current price at the $0.08753 supply level is an indication of the bulls’ return to the market to resume the uptrend.

More so, the Defi Coin price will still go up as indicated by the daily stochastic which is pointing upward. We can therefore expect the new trend to reach a high at the $0.400 trend mark soon in its lower time frame.

You can purchase DeFi Coin here. Buy DEFC