Defi Coin Price Forecast: June 29
DEFCUSD price may likely increase to a high level of $0.1567 if the support level of $0.1465 holds.
DEFC Price Statistics Data:
DEFC price now: $0.1465
DEFC market cap: $14.84M
DEFC circulating supply: N/A
DEFC total supply: $100.00M
DEFC Coinmarketcap ranking: #4549
Key Levels:
Resistance Levels: $0.1558, $0.1658, $0.1758
Support Levels: $0.1462, $0.1362, $0.1262
DEFCUSD Long-term Trend: Bearish (1-hour chart)
Today, the market price of DeFi Coin is in a bearish trend in its long-term outlook. At the time of writing this article, the Coin has dropped down to the $0.1462 low level and may retest the $0.1558 high level soon.
In previous price action, the cryptocurrency has been trading in the resistance zone. During yesterday’s session, the coin was able to reach a $0.1558 high level.
DEFCUSD is trading below the moving averages at the moment, if bulls should increase their price action, and bullish momentum is sustained, the cryptocurrency will resume upside momentum.
The momentum indicator also shows that the price is oversold, therefore the bulls are expected to resume an uptrend move soon to take us to a high level of $0.1558 soon in its long-term view.
DEFCUSD Medium-term Trend: Bearish (15-Minute Chart)
DEFC May Likely Retest $0.1558 Resistance Level
On the medium-term outlook, DEFCUSD is showing a downward movement. The coin has also reached a high level of $0.1497 before the downside movement resumes. Further upsides are certain as the price action of the coin is in the oversold region already, this will compel the buyers to resume and move the market value of DeFi Coin up to a significant level of $0.1558 soon in the lower time frame.
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