Defi Coin Price Forecast: August 25
Despite the inflows from the sell traders DEFCUSD price still maintains the upward move. The price might possibly continue its pumping schedule if the $0.08500 high level can be broken up, and the market price might retest the $0.1000 high level or beyond.
DEFC Price Statistics Data:
DEFC price now: $0.07249
DEFC market cap: $6.811M
DEFC circulating supply: N/A
DEFC total supply: $100.00M
DEFC Coinmarketcap ranking: #5617
Key Levels:
Resistance Levels: $0.07500, $0.07600, $0.07700
Support Levels: $0.06900, $0.06800, $0.06700
DEFCUSD Long-term Trend: Bullish (1-hour chart)
The DEFCUSD is showing a bullish posture in the long-term time frame chart. The prices are displayed above the moving averages, an indication of an uptrend and a bullish momentum in the market.
The buy traders made an accreditation up to a $0.07249 resistance level above the moving averages as today’s 1-hourly session begins. This however allows the bulls to retain the profits despite the inflows from the short traders. So, if the buyers can push up more, the price might reach a significant level above the current resistance.
The market price of DeFi Coin is still at the buyers’ disposal at the moment, as shown by the daily signal in the overbought region. This actually means that the bulls are still in charge and are ready to continue with the uptrend. The price of the coin might possibly retest the $0.1000 supply level soon in its long-term outlook.
DEFCUSD Medium-term Trend: Bullish (15-Minute chart)
DEFC Remains in an Uptrend
The cryptocurrency is trading in a strong uptrend in its lower time frame. The moving averages had already widened their gap indicating a bullish trend.
The price action of DeFi Coin at the $0.07270 supply value above the moving averages as the 15-minute session opens today, suggests that the buy traders are still in control of the market. Buyers are advised to buy at this very moment.
We can now expect the price to reach a key level at $0.1000 on the upside soon in the lower time frame as the market remains bullish.
You can purchase DeFi Coin here. Buy DEFC
Leave a Reply