Defi Coin Price Forecast: July 25
DEFCUSD may likely continue to face the positive side if the current support level holds and breaks the resistance level of $0.09540. The pair may likely reach the $0.09700 upper resistance level.
DEFC Price Statistics Data:
DEFC price now: $0.09333
DEFC market cap: $9.34M
DEFC circulating supply: N/A
DEFC total supply: $100.00M
DEFC Coinmarketcap ranking: #5794
Key Levels:
Resistance Levels: $0.09700, $0.09800, $0.09900
Support Levels: $0.09100, $0.09000, $0.08900
DEFCUSD Long-term Trend: Bearish (1-hour chart)
DeFi Coin is in a bearish trend on the 1-hourly chart. The pair has reached the $0.09662 resistance level as the 1-hourly chart opens today after which the coin dropped to the $0.0.09291 support level.
The momentum was lost and the buyers took in and moved the price up to a $0.09333 high level which is slightly below the moving averages, this indicates that the bulls are trying hard to overcome the pressures from the sellers and are gradually coming to stage a play in the market soon.
More so, a further downward is unlikely as the DEFCUSD market has reached the oversold region, this will compel the buyers to continue the uptrend and may likely move the coin up to a significant level of $0.09700 upper high level soon in its long-term time frame.
DEFCUSD Medium-term Trend: Bullish (15-Minute Chart)
DEFC Price May likely reach $0.09700 High-Level Soon
The market value of DeFi Coin on the lower time frame (15 minutes) at $0.09333 is seen slightly above the EMA-9. This will enable the price to rise further in no long time. Traders may use this opportunity to buy the coin at a cheaper rate as the market turn bullish in the coming days.
The trend indicator also shows that the price signal is also moving upward in the oversold region, we now expect the bulls to take the price distribution of DEFCUSD up to the $0.09700 upper high level soon as the market remains bullish in its lower time frame.
You can purchase DeFi Coin here. Buy DEFC
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