Defi Coin Price Forecast: June 24
DEFCUSD price is poised to advance to the upside once it breaks the previous candle high at $0.1444; it is likely to go up towards the $0.1450 resistance value.
DEFC Price Statistics Data:
DEFC price now: $0.1417
DEFC market cap: $14.093M
DEFC circulating supply: N/A
DEFC total supply: $100.00M
DEFC Coinmarketcap ranking: #4292
Key Levels:
Resistance Levels: $01430., $0.1530, $0.1630
Support Levels: $0.1349, $0.1249, $0.1149
DEFCUSD Long-term Trend: Bullish (1-hour chart)
The price of DeFi Coin can be seen above the EMA-50, meaning that the pair is in an upward move in its long-term view.
The coin made it to a $0.1444 high-level today before the interference from the bears as the bulls aim to drag the market up to a significant level of $0.1450 high level.
In case the bulls try to increase their pressure, the resistance level of $0.1444 may be the target which may be a broken upside and the price increases to $0.1450 high level and beyond.
The stochastic indicator pointing downwards at around level 42% approaching the oversold region is telling us that the bearish move will soon end and the bull is set to move us up to a significant level of 0.1450 high level and beyond in the coming days in its long-term perspective.
DEFCUSD Medium-term Trend: Bearish (15-Minute Chart)
DEFCUSD May Likely Retest the $0.1450 Resistance Level
The market value of DeFi Coin on the lower time frame (15 minutes) is in a downward move. The market value of the pair at a $0.1416 low level can be seen below the moving averages.
Meanwhile, the momentum indicator at around level 17% shows that the price is in the oversold region, meaning that a breakout by the bulls is imminent so we expect the price distribution to reach a $0.1450 high level sooner as the market turns bullish very soon in its lower time frame.
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