Defi Coin Price Forecast: September 23
DEFCUSD is likely to face the positive side soon. After testing the bottom support, a usual response would be a bullish reversal; thus, if the buyers eventually wrestled trend control from sellers and rebound from the $0.07488 support level, the bullish momentum might possibly drive the coin price to a high at $2.000 supply zone.
DEFC Price Statistics Data:
DEFC price now: $0.07528
DEFC market cap: $7.54M
DEFC circulating supply: N/A
DEFC total supply: $100.00M
DEFC Coinmarketcap ranking: #6119
Key Levels:
Resistance Levels: $0.07700, $0.07800, $0.07900
Support Levels: $0.07300, $0.07200, $0.07100
DEFCUSD Long-term Trend: Bullish (1-hour chart)
The DEFCUSD pair is trading in a bullish market zone in its long-term outlook. The price bar can be seen above the EMA-9 approaching the EMA-50; evidence of bullish recovery and growth in bullish momentum. Thus, this bullish pattern will encourage further recovery and breach the $0.07528 supply level.
Earlier today the coin buyers responded to the market after a series of sideway moves in the previous action and break out from the support trend line to a high at the $0.07528 supply value above the EMA-9; this is an indication of more forces from the buy traders and bullish commitment.
Further, if Defi Coin buyers could hold above the price at the $0.07550 high mark and close a candle, closing above the mentioned resistance will signal a potential BUY. As a result, the price could pump or surge upsides to hit the $0.2000 resistance value soon in its long-term outlook.
DEFCUSD Medium-term Trend: Bullish (15-Minutes Chart)
DEFC to Reverse at the $0.07488 Support Level
The price opened lower but managed to trade in green over the past few minutes. This means that the coin is in a bullish trend zone.
In previous price actions, the cryptocurrency has been moving in a ranging market fluctuating between the moving averages.
Today, Defi Coin made an upward move to $0.07528.The cryptocurrency is trading below the EMA-50 but above the EMA-9 at the above-mentioned resistance level, if bulls should increase their price action, and bullish momentum is sustained, the ongoing correction will be prolonged.
Meanwhile, further upsides are likely as the price signal is pointing upward, this means that the upward rally will still continue and may likely hit the $0.2000 supply value soon in the lower time frame.
You can purchase Defi Coin here. Buy DEFC
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