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Defi Coin (DEFC) Recovery May Surge above a $0.2000 High-Level

Johnathon Fox
09/26/2022 | UPDATED ON: 09/26/2022

Defi Coin Price Forecast: September 26
DEFCUSD is currently trading in a strong bullish market. The breaking up of the $0.08500 resistance mark by the bulls may push the price high to a $0.2000 supply level and beyond.

DEFC Price Statistics Data:
DEFC price now: $0.07976
DEFC market cap: $7.925M
DEFC circulating supply: N/A
DEFC total supply: $100.00M
DEFC Coinmarketcap ranking: #6183

Key Levels:
Resistance Levels: $0.08000, $0.09000, $0.1000
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 price of Defi Coin is currently trading in a bullish zone in its long-term view. The pressure from the buy investors actually adds to the bullish impact on the market.

The impulse move by the bulls drove the price of DEFCUSD high with a long bullish candle to the $0.07976 resistance value above the two EMAs as the 1-hourly session begins today as the buyers aim to drag the price of the crypto to the upper resistance mark.

However, there is a possibility of a further increase in the price of the crypto, if the buy traders should increase their price actions and all the current support level holds, a psychologically key level at $0.2000 at the upside might be tested in its higher time frame.

DEFCUSD Medium-term Trend: Bullish (15-Minutes Chart)DEFCUSD Medium-term Trend: Bullish (15-Minutes Chart)DEFC to Reach $0.2000 Supply Level
The coin remains bullish in the lower time frame as well. The price bars can be seen vividly from the chart above the moving averages. This shows a bullish sentiment.

Arrangements from the buy traders pushed the price action of DEFCUSD up to a high at $0.07976 level above the two EMAs after a series of sideway moves. This means that the coin-buy traders are actually investing at the present.

Additionally, if Defi Coin buyers could hold above the $0.08550 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 medium-term outlook.

You can purchase DeFi Coin here. Buy DEFC

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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.

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