Defi Coin Price Forecast: July 7
Since July 6, DEFCUSD has been having high interference from the buyers which really made it easy for the cryptocurrency to maintain stable upside moves. The crypto however at the time of writing this article has increased up to the $0.1368 resistance level and may retest the $0.1600 high level soon.
DEFC Price Statistics Data:
DEFC price now: $0.1368
DEFC market cap: $13.72M
DEFC circulating supply: N/A
DEFC total supply: $100.00M
DEFC Coinmarketcap ranking: #4528
Key Levels:
Resistance Levels: $0.1360, $0.1460, $0.1560
Support Levels: $0.1250, $0.1150, $0.1050
DEFCUSD Long-term Trend: Bullish (1-hour chart)
Today, Defi Coin is facing an increase in buying pressure as can be seen from the chart above, meaning that the crypto is in a bullish trend zone. The coin made an upward move to the $0.1368 resistance level to resume its uptrend. In previous price action, the cryptocurrency has been moving in an upward direction.
DEFCUSD is trading above the two EMAs at a $0.1368 high level suggests that the momentum in the price of the coin is in an uptrend and could continue to increase if breaks the $0.1400 resistance level.
Likewise, the price signal also shows an upward move as the daily stochastic points up at around level 69% in the oversold area; this means that the coin is being controlled by the bulls at the moment and may likely remain in the same direction in the coming days in its long-term view.
DEFCUSD Medium-term Trend: Bullish (15-Minute Chart)
DEFC Price about Retesting $0.1600 High-Level Soon
Here on the 15-minute chart, DEFCUSD is showing an upward movement. The coin has also reached a high level of $0.1368 in the lower time frame. The upward move still dominates at the time of writing this article.
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.
You can purchase DeFi Coin here. Buy DEFC
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