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Defi Coin (DEFC) Price Moving Upside, to about $0.1250 High-Level

Johnathon Fox
07/04/2022 | UPDATED ON: 07/04/2022

Defi Coin Price Forecast: July 4
DEFCUSD was able to reach the high of $0.1163 level during yesterday’s session and sustained it. The crypto may move upsides more if the buyers should increase their price movement. The $0.1250 significant level may be the target if the support level at $0.1135 holds.

DEFC Price Statistics Data:
DEFC price now: $0.1143
DEFC market cap: $11.280M
DEFC circulating supply: N/A
DEFC total supply: $100.00M
DEFC Coinmarketcap ranking: #4492

Key Levels:
Resistance Levels: $0.1177, $0.1277, $0.1377
Support Levels: $0.1150, $0.1100, $0.1050

DEFCUSD Long-term Trend: Bearish (1-hour chart)DEFCUSD Long-term Trend: Bearish (1-hour chart) Today, Defi Coin made an upward move to the $0.1143 resistance level to resume its uptrend. In previous price action, the cryptocurrency has been fluctuating between the moving averages.

DEFCUSD is trading below the EMAs at the $0.1143 high level. On the hourly chart, if bulls should increase their price action, and bullish momentum is sustained, the cryptocurrency will resume upside momentum and $0.1250 may be reached.

The momentum indicator also shows that the market price of the coin is oversold, pointing up at around level 23% therefore buyers are expected to push the price of DEFCUSD up soon to a significant level of $0.1250 and beyond in the latter days of its higher time frame.

DEFCUSD Medium-term Trend: Bearish (15-Minute Chart)DEFCUSD Medium-term Trend: Bearish (15-Minute Chart)DEFCUSD May Likely Reach the $0.1250 High-Level
DEFCUSD is trading in the bearish trend zone in the lower time frame. The coin reached the $0.1170 high level before it dropped to the $0.1132 low level as the 15-minutes chart opens today.

The market value of the pair at the $0.1143 resistance value can be seen below the moving averages. The bulls are trying hard not to fall to the downside.

In addition, the momentum indicator shows that the price is in the oversold region, meaning that a breakout by the bulls is imminent and in no long time the price might likely reach the $0.1250 resistance level in the days ahead 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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