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Defi Coin (DEFC) May Likely Bounce Upsides Soon

Johnathon Fox
07/22/2022 | UPDATED ON: 07/22/2022

Defi Coin Price Forecast: July 22
DEFCUSD price may likely penetrate the $0.09357 resistance level if the bulls should increase their momentum. The market value of the coin may increase to $0.09383 high level and beyond soon.

DEFC Price Statistics Data:
DEFC price now: $0.09163
DEFC market cap: $9.16M
DEFC circulating supply: N/A
DEFC total supply: $100.00M
DEFC Coinmarketcap ranking: #6239

Key Levels:
Resistance Levels: $0.09300, $0.09400, $0.09500
Support Levels: $0.08700, $0.08600, $0.08500
DEFCUSD Long-term Trend: Bullish (1-hour chart)DEFCUSD Long-term Trend: Bullish (1-hour chart)
Today, Defi Coin made an upward move to the $0.09268 resistance level after which it decreased to the $0.09163 support level slightly above the two EMAs as the 1-hourly chat opens today.

If bulls should increase their price action, and bullish momentum is sustained, the cryptocurrency will definitely pump up to a significant level of $0.09383 on the upside before the close of today.

The market value of DEFCUSD is still in the overbought area indicates that the buyers are still in the market at the present and could as well move the price up to a high level of $0.09383 soon in the long-term perspective

DEFCUSD Medium-term Trend: Bearish (15-Minute Chart)DEFCUSD Medium-term Trend: Bearish (15-Minute Chart)Defi Coin (DEFC) May Reverse to the Upsides Soon
Here on the 15-minute chart, DEFCUSD is in a bearish scenario. The coin has also reached a high level of $0.09268 before the downside movement resumes.

The selling pressure may likely stop soon as the momentum indicator shows that the coin is oversold already, it is expected that the bulls will resume an upward move soon and take the market price of Defi Coin up to a significant level of $0.09383 and beyond in the 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.

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