Defi Coin Price Forecast: June 13
DEFCUSD price action may likely further rise if it breaks the resistance at level $0.2226. At the time of writing this article, Defi Coin has dropped down to the $0.3215 low level and may retest the $0.3288 high level soon.
DEFC Price Statistics Data:
DEFC price now: $0.1745
DEFC market cap: $17.828M
DEFC circulating supply: N/A
DEFC total supply: $100.00M
DEFC Coinmarketcap ranking: #4365
Key Levels:
Resistance Levels: $0.2700, $0.2800, $0.2900
Support Levels: $0.1845, $0.1745, $0.1645
DEFCUSD Long-term Trend: Bearish (1-hour chart)
Today, Defi Coin made a downward move to a low of $0.1786. In previous price action, the cryptocurrency has been moving in a bearish trend below the moving averages. On June 12, the coin was in a sideways move.
DEFCUSD is trading below the moving averages at the time of writing this article. On the hourly chart, if bulls should increase their price action, and bullish momentum is sustained, the cryptocurrency will resume upside momentum.
At the time of writing this article, Defi Coin has dropped down to the $0.1745 low level and may retest the $0.2720 high level soon.
DEFCUSD is about to experience more upsides and may be the time to buy soon as the stochastic indicator has reached the oversold region, meaning that the market value of the coin is poised to advance to the upside and may likely reach the $0.2720 resistance level in the coming days.
DEFCUSD Medium-term Trend: Bullish (15-Minute Chart)
DeFi Coin Likely to Reach Resistance Level of $0.2720 
On the 15-minutes chart, DEFCUSD is showing a bearish scenario. The coin has been consolidating in the past few hours and also reached a resistance level of $0.1908 before the downside movement resumes. Further upsides are certain as indicated by the price indicator pointing upwards in the oversold region at around level 25%, meaning that a further rise in the market value of the coin is certain in the lower time frame.
So, the bulls are expected to emerge and take us higher to a significant level of the $0.2720 resistance value sooner in the medium-term perspective.
You can purchase DeFi Coin here. Buy DEFC
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