Defi Coin Price Forecast: July 26
DEFCUSD price may likely commence bullish movement soon if the current support at $0.0.09050 low level holds. The crypto might increase to the $0.09700 resistance level and beyond.
DEFC Price Statistics Data:
DEFC price now: $0.09050
DEFC market cap: $9.34M
DEFC circulating supply: N/A
DEFC total supply: $100.00M
DEFC Coinmarketcap ranking: #5794
Key Levels:
Resistance Levels: $0.09550, $0.09650, $0.09750
Support Levels: $0.09100, $0.09050, $0.08950
DEFCUSD Long-term Trend: Bearish (1-hour chart)
Due to the interference of short-term traders in the price flow, the long-term market shows a bearish race.
The market value of DEFCUSD at $0.09050 low level below the moving averages as the 1-hourly session opens today indicates that the price is in a downward trend. With this trend, the buyers can purchase the coin at a cheaper rate.
Therefore if the current support holds and the bulls should increase their activities in the market, Defi Coin price may likely reverse and face the upside more in its long-term view.
A further downward is unlikely as the market has reached the oversold, the coin may likely resume an uptrend soon and take the market value of DEFCUSD to a high level of $0.09700 soon in its long-term outlook.
DEFCUSD Medium-term Trend: Bearish (15-Minute Chart)
DEFC Price to Reach $0.09700 Resistance Level Soon
On the lower time frame, the currency pair is in a downward move. The bears caused a drop to the $0.09050 support level below the moving averages as the 15-minute chart opens today.
Further upsides are assured as indicated by the price indicator which is oversold already, meaning that a further rise in the market value of the coin is certain soon as we expect the bulls to resume soon and move the price up to a $0.09700 high level sooner in the lower time frame.
You can purchase DeFi Coin here. Buy DEFC
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