Defi Coin Price Forecast: October 6
DEFCUSD now trades in a strong resistance zone around the $0.07451 high value. However, if the potential up hike rally should break up the $0.08764 supply level, this may likely accelerate the bullish momentum to a $0.400 high level.
DEFC Price Statistics Data:
DEFC price now: $0.07451
DEFC market cap: $7.421M
DEFC circulating supply: N/A
DEFC total supply: $100.00M
DEFC Coinmarketcap ranking: #6658
Key Levels:
Resistance Levels: $0.07800, $0.07900,$0.08000
Support Levels: $0.07300, $0.07200, $0.07100
DEFCUSD Long-term Trend: Bullish (1-hour chart)
DEFCUSD pair is having a bullish posture from the long-term perspective. The Prices are moving in an ascending trend signaling bullish momentum.
In the previous action today, the crypto price has been moving in sideways. Recently, the coin price rolled upwards from $0.07352 to the $0.07451 supply mark above the moving averages. This however hasn’t stopped as the bulls aim to drag the price action further up to the upper resistance trend line.
With this, the traders respected the trading setup for this channel pattern and look for another massive breakout to hit the overhead trend line in the upper resistance. The intraday growth may possibly reach the $0.400 high mark in the nearby days in its long-term perspective.
DEFCUSD Medium-term Trend: Bullish (15-Minute Chart)
DEFC Price Reaching a $0.400 High-Level Soon
The Defi Coin price is bullish here on the medium-term outlook. The currency pair rises significantly with a huge volume after moving in a sideway trend.
The coin traders made a strong push to a $0.07451 high mark above the two EMAs which are fanned apart. This however indicates more gains for the buy investors.
Moving ahead, the DEFCUSD may like increase further as the bulls are still clustering around the market, the crypto is expected to reach the $0.400 trend line in the upper resistance area in its lower time frame.
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