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Defi Coin (DEFC) Price May Likely Breakup the $0.1000 Resistance Soon

Johnathon Fox
07/19/2022 | UPDATED ON: 07/19/2022

Defi Coin Price Forecast: July 19
DEFCUSD price is likely to increase and break the $0.1000 high level if the current support level at $0.08797 holds. $0.1200 may be the target.

DEFC Price Statistics Data:
DEFC price now: $0.08797
DEFC market cap: $8.77M
DEFC circulating supply: N/A
DEFC total supply: $100.00M
DEFC Coinmarketcap ranking: #5769

Key Levels:
Resistance Levels: $0.1000, $0.1100, $0.1200
Support Levels: $0.08797,$0.08697,$0.08597
DEFCUSD Long-term Trend: Bullish (1-hour chart)DEFCUSD Long-term Trend: Bullish (1-hour chart)
DeFi Coin is in a bullish market zone in its long-term outlook. The Coin is possibly making its way up after hitting the $0.08675 support level to overcome the resistance level and signal a pump.

The price action of DEFCUSD at the $0.08913 resistance level above the EMA-9 shortly after the 1-hourly chart opens today indicates that bulls are having more impact on the activities of the market at the present.

The coin is likely to continue its upside movement as the momentum indicator also points upwards. More upsides are possible, as we watch the traders taking the market to a strong bullish level in the nearby days in its long-term perspective.

DEFCUSD Medium-term Trend: Bullish (15-Minute Chart)DEFCUSD Medium-term Trend: Bullish (15-Minute Chart)DEFC Price Facing the $0.1200 Resistance Value
In the medium-term, the coin is in a smooth uptrend. The market price of DEFCUSD at a $0.08866 high level is seen above the moving averages as the 15-minute session opens today.

The bulls are now progressing upward on the lower time frame. The price bar is above the moving averages which makes it capable of rising further.

Thus, the stochastic signal also pointing up also suggests that the momentum in the price of DeFi coin is in an upward move at the moment; more upside is therefore certain and may likely reach a high of $0.1200 soon in its lower time frame.

You can purchase DeFi Coin here. Buy DEFC

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About Johnathon Fox

Johnathon is a Forex and Futures trader with over ten years trading experience who also acts as a mentor and coach to thousands and has written for some of the biggest finance and trading sites in the world.

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