Defi Coin Price Forecast: August 15
DEFCUSD price will move higher above the current resistance level if the buyers should exert more force on the price action in the market, $0.1669 high level may be retested.
DEFC Price Statistics Data:
DEFC price now: $0.1338
DEFC market cap: $13.29M
DEFC circulating supply: N/A
DEFC total supply: $100.00M
DEFC Coinmarketcap ranking: #5376
Key Levels:
Resistance Levels: $0.1420, $0.1520, $0.1620
Support Levels: $0.1330, $0.1230, $0.1130
DEFCUSD Long-term Trend: Bearish (1-hour chart)
DeFi Coin is in a bearish trend in its long-term perspective. The pair has reached the $0.1417 resistance level as the 1-hourly chart opens today after which the sellers intervened and dropped the coin to the $0.1338 support level.
However, with this trend, traders may buy the coin at a low price and move the market higher.
DEFCUSD is trading below the moving averages at a $0.1338 low level on the 1-hourly chart, if bulls should increase their price action, and bullish momentum is sustained, the cryptocurrency will resume upside momentum.
Meanwhile, the pair is around the level of 20% of the daily stochastic, which means that the market is oversold, this will enable the bulls to commence the upward movement soon and the $0.1669 resistance level might be reached in its long-term outlook.
DEFCUSD Long-term Trend: Bearish (15-Minute chart)
DEFC Reaching $0.1660 Resistance Level
Here on the 15-minute chart, DEFCUSD is showing a downward movement. The coin has also reached a high level of $0.1417 before the downside movement resumes.
Further upsides are certain as indicated by the price indicator already showing the price in the oversold region, meaning that a further rise in the market value of the coin is certain in the lower time frame.
You can purchase DeFi Coin here. Buy DEFC
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