• Skip to primary navigation
  • Skip to main content
  • Skip to primary sidebar
  • Skip to footer

ForexSchoolOnline.com

Learn to Trade Forex Online

  • Compare Brokers
    • Broker Type
      • Paypal Brokers
      • Swap-Free Brokers
      • Low Spread Brokers
      • ECN / STP Brokers
      • Market Maker Brokers
      • Non Dealing Desk Brokers
      • Low Minimum Deposit Brokers
    • Country
      • Brokers for Australia
      • Brokers for South Africa
      • Brokers for the UK
      • Brokers for the US
      • Brokers for Nigeria
    • Regulation
      • FCA Regulated Brokers
      • ASIC Regulated Brokers
      • FSCA Regulated Brokers
      • CFTC Regulated Brokers
    • Platform
      • MT4 Brokers
      • MT5 Forex Brokers
    • Strategies
      • Hedging Forex Brokers
      • Scalping Forex Brokers
      • Carry Trade Forex Brokers
      • Brokers for Indicators and EA’s
  • Start Here
    • Start Trading Guide
    • Beginner Trading Lessons
  • Free Forex Course
    • Public Login
    • Register
    • Password recovery
  • Lessons
    • Strategies
    • Videos
    • MT4 Guides
    • Money Management
  • Trade Setups
  • Tools
    • Correct Free Demo Charts
    • Forex Journal Download
    • Position Size Calculator
    • FULL List of Tools
    • Forex Demo Accounts
  • Price Action Guide
  • Free Course

Defi Coin (DEFC) Price Reversal at the $0.07488 Supply Value

Johnathon Fox
09/23/2022 | UPDATED ON: 09/23/2022

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)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)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

Recommended Broker

  • Broker
  • Min Deposit
  • Benefits
  • Score
  • Visit Broker

$200

T&Cs Apply
  • The Lowest Trading Costs
  • 50% Welcome Bonus
  • Award-winning 24 Hour Support
5
Trade Now FreeBets Reviews
Reviews

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.

View all posts by Johnathon Fox →
Previous Post: « Battle Infinity (IBAT): More Buyers Are Coming Into the Market
Next Post: Lucky Block Price Prediction: LBLOCKUSD Price to Resume an Uptrend Soon »

Reader Interactions

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Primary Sidebar

Forex School Online

High Probability Price Action Trading

How to make, manage and take profit from trades in the markets

Start Learning (It's Free!)

Turn Your Trades into Winners!

The Price action course is the in-depth advanced training on assessing, making and managing high probability price action trades.

Sign up for Free!

Recommended Broker

  • Broker
  • Min Deposit
  • Benefits
  • Score
  • Visit Broker

$200

T&Cs Apply
  • The Lowest Trading Costs
  • 50% Welcome Bonus
  • Award-winning 24 Hour Support
5
Trade Now FreeBets Reviews
Reviews

Footer

Get Our FREE Course, Bonus Strategies & Indicators!
X
Join Us Now!

Your capital is at risk.

X

CORNERSTONE LESSONS

Forex Trading for Beginners

Price Action Trading

How to Trade Forex

Technical Analysis

Forex Charts

Forex Trading Strategies

Money Management 

Compare Brokers

Best Forex Brokers

Forex Demo Accounts

Best Forex Trading Platforms

Forex Apps

Swap Fee Accounts

MT4 Brokers

CATEGORIES

Forex Videos

Trading Lessons

Weekly Trade Ideas

Start Here Guide

ForexSchoolOnline.com helps individual traders learn how to trade the Forex market

WARNING: The content on this site should not be considered investment advice and we are not authorised to provide investment advice. Nothing on this website is an endorsement or recommendation of a particular trading strategy or investment decision. The information on this website is general in nature so you must consider the information in light of your objectives, financial situation and needs.

Investing is speculative. When investing your capital is at risk. This site is not intended for use in jurisdictions in which the trading or investments described are prohibited and should only be used by such persons and in such ways as are legally permitted. Your investment may not qualify for investor protection in your country or state of residence, so please conduct your own due diligence or obtain advice where necessary. This website is free for you to use but we may receive a commission from the companies we feature on this site.

We Introduce people to the world of currency trading. and provide educational content to help them learn how to become profitable traders. we're also a community of traders that support each other on our daily trading journey

Forexschoolonline.com is not a financial advisor. Do your research before investing your funds in any financial asset or presented product or event. We are not responsible for your investing results.

Copyright © Forex School Online Sitemap  - Privacy Policy - Disclaimers & Terms of Use - CONTACT US