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DeFi Coin (DEFC) Set to Rise Above $0.1975 High level

Johnathon Fox
06/17/2022 | UPDATED ON: 06/18/2022

Defi Coin Price Forecast: June 17
DEFCUSD may likely increase to the $0.1975 resistance level if the support level at $0.1533 holds.

DEFC Price Statistics Data:
DEFC price now: $0.1533
DEFC market cap: $15.244M
DEFC circulating supply: N/A
DEFC total supply: $100.00M
DEFC Coinmarketcap ranking: #5869

Key Levels:
Resistance Levels: $0.1660, $0.1760, $0.1860
Support Levels:  $0.1530, $0.1430, $0.1330

DEFCUSD Long-term Trend: Bearish (1-hour chart)
DEFCUSD Long-term Trend: Bearish (1-hour chart)
DEFCUSD is in a bearish move at the moment on the 1-hourly chart.  The coin was able to reach the $0.1661 high level during yesterday’s session before the sellers took over.

The price action of the pair at the $0.1533 support level as the 1-hourly session opens today enables the traders to buy at a lower price.

However, buyers are set to move us high as the market is in the oversold region, meaning that the bulls are expected to move the Coin market value to the $0.1975 resistance level and beyond in the days ahead in its long-term outlook.

DEFCUSD Medium-term Trend: Bearish (15-Minute Chart)
DEFC Price Rising to $0.1975 High-Level Soon

DEFCUSD Medium-term Trend: Bearish (15-Minute Chart)The market value of DeFi Coin in the lower time frame (15 minutes) at $0.1533 can be seen below the moving averages.

However, the coin in the oversold region at the moment indicates that the market has reached its bearish exhaustion therefore it is expected by the buyers to emerge sooner and resume the upside move to reach a significant level of $0.1975 high level in the future in its lower time frame.

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.

View all posts by Johnathon Fox →
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