Defi Coin Price Forecast: August 29
DEFCUSD trades now trades in a strong resistance zone around the $0.07167 resistance value. The next price target could be a $0.07500 supply level which was the previous swing-high of the last move it made up. This can be achieved if the current support holds and the bulls add more strength to their bullish race in the market.
DEFC Price Statistics Data:
DEFC price now: $0.07167
DEFC market cap: $7.15M
DEFC circulating supply: N/A
DEFC total supply: $100.00M
DEFC Coinmarketcap ranking: #6219
Key Levels:
Resistance Levels: $0.07300, $0.07400,$0.07500
Support Levels: $0.06500, $0.06400, $0.06300
DEFCUSD Long-term Trend: Bullish (1-hour chart)
DEFCUSD chart looks taste for the bulls as the market price of the coin trades in a bullish momentum in its long-term perspective.
Today, Defi Coin made an upward move to the $0.07167 resistance level above the moving average to resume its uptrend. The lack of a bearish continuation is also distinctly bullish. We’ve also more or less run out of time for the bears to take over again, so it seems likely that the bulls are about to take over and push us higher.
In addition, the price might remain in the same trend in the coming days as the bulls remain clustered in the overbought region aiming to take the price further up soon in its long-term outlook. The coin may likely get to a $0.1000 supply level.
DEFCUSD Medium-term Trend: Bullish (15-Minute Chart)
DEFC Price Remains Strongly Bullish
DeFi Coin is bullish in its medium-term outlook. The coin can be seen from the chart above progressing forward to the upside. The price bar is above the moving averages which makes it capable of rising further.
The cryptocurrency has been in a critical supply level having higher highs and has reached the $0.07179 resistance value far above the moving averages as the 15-minutes session opens today. This actually confirms the bulls’ dominance in the market.
Further rise in the price of DeFI Coin is possible if the buy traders should increase their tension in the market $0.1000 key resistance level might be reached soon in its lower time frame.
You can purchase DeFi Coin here. Buy DEFC
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