Defi Coin Price Forecast: July 18
Since July 17, DEFCUSD has been consolidating which really made it a bit difficult for the cryptocurrency to maintain stable upside moves. The crypto however increases to the $0.08644 resistance level. At the time of writing this article, Defi Coin has increased to the $0.08773 high level and may retest the $0.1200 high level soon.
DEFC Price Statistics Data:
DEFC price now: $0.08773
DEFC market cap: $8.77M
DEFC circulating supply: N/A
DEFC total supply: $100.00M
DEFC Coinmarketcap ranking: #5769
Key Levels:
Resistance Levels: $0.09000, $0.09100, $0.09200
Support Levels: $0.08300, $0.08200, $0.08100
DEFCUSD Long-term Trend: Bullish (1-hour chart)
Today, Defi Coin made an upward move to the $0.08773 resistance level to resume its uptrend. In previous price action, the cryptocurrency was consolidating within a horizontal trading range. Its resistance was finally broken today at $0.08644 and later rises to a $0.08773 high level.
DEFCUSD is trading below the theEMA-50 but above the EMA-9 at the $0.08773 high level. On the 1- hourly chart, if bulls should increase their price action, and bullish momentum is sustained, the cryptocurrency will further increase to the upside.
DEFCUSD Medium-term Trend: Bullish (15-Minute Chart)
DEFC May Likely Reach the $0.1200 Resistance Level Soon
DeFi Coin is in a bullish trend on the lower time frame. The pair has reached the $0.08773 resistance level which is above the moving averages as the 15- minutes chart opens today.
Further upsides are certain as indicated by the price indicator pointing upwards, meaning that a further rise in the market value of the coin is certain in the lower time frame.
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