Defi Coin Price Forecast: July 23
DEFCUSD price is getting close to the current resistance level of $0.09600 in the upper resistance area. The crypto may likely reach the upper resistance level of $0.1200 if the bulls should increase their price action in the market.
DEFC Price Statistics Data:
DEFC price now: $0.09572
DEFC market cap: $9.49M
DEFC circulating supply: N/A
DEFC total supply: $100.00M
DEFC Coinmarketcap ranking: #6303
Key Levels:
Resistance Levels: $0.09570, $0.09670, $0.09770
Support Levels: $0.09200, $0.09100, $0.09000
DEFCUSD Long-term Trend: Bullish (1-hour chart)
DeFi Coin is in an upward move in its Long-term perspective as can be seen undeniably from the chart above. The sustained bullish pressure pushed the pair up to the $0.09362 resistance level during yesterday’s session and sustained it. The price is recovering and showing positive signs above the $0.09400 high level.
The market value of the coin is at a $0.09572 high level as the 1-hourly chat opens today which is far above the moving averages indicating that the trend is in a strong bullish zone and the price is on an upside.
However, the stochastic oscillator signal pointing up at around level 88% in the overbought region indicates a possible rise of the pair in the days ahead. In this case a continuation of an upward trend in its long-term view.
DEFCUSD Medium-term Trend: Bullish (15-Minutes Chart)DEFC Price about Reaching $0.1200 High-Level
The momentum on the medium-term time frame is also distinctly bullish. It seems the bulls are taking over and pushing us higher.
DEFCUSD is at a $0.09572 high level which is far above the moving averages as the 15-minute chart opens today indicates that the buyers are having the market disposal of the coin at the moment and in this case, it’s an uptrend.
However, the bulls may likely continue the uptrend movement as the price of DeFi Coin still remains pointing upward in the overbought region of the daily stochastic. The market value of the pair may likely reach a $0.1200 high level soon in the lower time frame.
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