Defi Coin Price Forecast: October 13
DEFCUSD is currently facing the positive side. The coin may likely increase further if the bulls could push higher and sustains above the $0.0.07400 mark, the potential rally could surpass the $0.10000 supply trend line to hit the $0.400 upper resistance mark.
DEFC Price Statistics Data:
DEFC price now: $0.07297
DEFC market cap: $7.25M
DEFC circulating supply: N/A
DEFC total supply: $100.00M
DEFC Coinmarketcap ranking: #6730
Key Levels:
Resistance Levels: $0.08000, $0.08100, $0.08200
Support Levels: $0.07200, $0.07100, $0.07000
DEFCUSD Long-term Trend: Bullish (1-hour chart)
The price of DEFCUSD is in the resistance market zone on the 1-hourly chart. The market price now trades at the top part of the rising channel.
The price action was propelled higher by the bulls until it reached a new high of $0.07297 resistance value above the EMA-9, this indicates an uptrend. A steady increase in Defi Coin price for the past few hours revealed a rising parallel channel pattern.
Therefore, if the bulls increase their tension in the market, the price tendency will move above the $0.08600 supply key levels.
Furthermore, if Defi Coin buyers could hold above the $0.09550 high mark and close a candle, closing above the mentioned resistance will signal a potential BUY.
As a result, the price could swing upwards to the $0.4000 resistance trend line in its long-term outlook.
DEFCUSD Medium-term Trend: Bullish (15-Minutes Chart)
DEFC Price Trades in an Uptrend
On the 15-minute chart, we can see that the price of Defi Coin has an uptrend and is traded in an uptrend channel.
The bulls made a smooth ride up to a $0.07297 resistance level shortly after the 15-minute session resumes today. This shows that the buy traders are actually are the top of the market at the moment, traders are hereby advised to seize the opportunity and buy the coin now for an intraday gain.
Next, the DEFCUSD indicates an uptrend by pointing up the daily stochastic. It implies that the buying pressure is likely to continue and may possibly trigger up to reach the $0.4000 significant high level in its lower time perspective.
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