Defi Coin Price Forecast: June 23
DEFCUSD price will continue its uptrend move all the way into the psychological level of $0.1300 high level if the bulls should increase their pressure in the market.
DEFC Price Statistics Data:
DEFC price now: $0.1286
DEFC market cap: $12.837M
DEFC circulating supply: N/A
DEFC total supply: $100.00M
DEFC Coinmarketcap ranking: #4579
Key Levels:
Resistance Levels: $0.1280, $0.1380, $0.1480
Support Levels: $0.1249, $0.1149, $0.1049
DEFCUSD Long-term Trend: Bullish (1-hour chart)
DeFi Coin price is now trading in a bullish trend zone. The coin is really trying not to fall below the $0.1249 support level.
The impulse move to the $0.1272 resistance level during yesterday’s session sustains the bullish momentum within the range.
Today’s 1-hourly chart at the $0.1293 resistance level shows there is a high buying pressure in the currency pair as the buyers have the market at their disposal.
The pair is now trading at the $0.1293 upper resistance level which is above the moving averages; this will enable the coin to rise further to a significant level and beyond.
The signal from the stochastic oscillator pointing upwards at around level 83% in the overbought area suggests the buying pressure is likely to continue as the market is in an uptrend. This may compel the buying pressure to increase the more and reach a significant level of $0.1300 high in the nearby days in the long term.
DEFCUSD Medium-term Trend: Bullish (15-Minute Chart)
DEFC Price to Reach $0.1300 High-Level
On the 15-minute chart, the market is in an upward move. DeFi Coin will definitely go higher now and this is a potential open buy position for the traders as the market runs a bullish race.
The price action at the $0.1286 resistance level above the moving averages as the 15-minute chart opens today indicates more bulls activities in the market at the time of writing this article.
There is a possibility of more upsides as the price of DEFCUSD now trades above the moving averages in the upper resistance area.
The momentum indicator signal which is pointing upwards at around level 62% in the oversold region also indicates that the coin is in an uptrend, more so buyers are expected to remain in the market to move the price of the coin up to $0.1300 high level in the nearby days in the medium-term.
Therefore, buyers may put in their position as desired.
You can purchase DeFi Coin here. Buy DEFC
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