Defi Coin Price Forecast: July 21
DEFCUSD price may likely resume its uptrend soon if the buyers should increase their price action further in the market and break up the $0.09263 resistance level, the price may turn upside and retest a $0.09451 high level.
DEFC Price Statistics Data:
DEFC price now: $0.08790
DEFC market cap: $8.88M
DEFC circulating supply: N/A
DEFC total supply: $100.00M
DEFC Coinmarketcap ranking: #6306
Key Levels:
Resistance Levels: $0.09450, $0.09550, $0.09650
Support Levels: $0.08700, $0.08600, $0.08500
DEFCUSD Long-term Trend: Bearish (1-hour chart)
Due to the interference of the sellers in the market at the moment, DEFCUSD is in a bearish trend move.
, DEFCUSD is trading below the two EMAs at the $0.08790 low level on the hourly chart. 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.
The coin has fallen below the 20% range of the daily stochastic. It implies that the selling pressure is likely to end soon. This will compel the buyers to resume sooner and take the price action up to a significantly high level in the long-term perspective.
DEFCUSD Medium-term Trend: Bearish (15-Minute Chart)DEFC Price to Reverse soon
Here on the 15-minute chart, DEFCUSD is showing a downward movement. The coin has been consolidating in the previous action before the downside movement at the $0.08790 support level resumes. Further upsides are certain as indicated by the price indicator showing that the coin is oversold already, meaning that a further rise in the market value of the coin is certain soon in the lower time frame.
You can purchase DeFi Coin here. Buy DEFC
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