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Defi Coin (DEFC) Price Attempting to Reach the $0.09700 Upper Resistance Value

Johnathon Fox
07/27/2022 | UPDATED ON: 07/27/2022

Defi Coin Price Forecast: July 27
It is actually time to grow again for the DEFCUSD as the cryptocurrency maintains a stable upside move today. The crypto has increased to the $0.09123 resistance level, the coin might actually face more upsides if the bulls increase their activities in the market. At the time of writing this article, Defi Coin has increased to a $0.09123 high level and may retest the $0.09700 upper high level soon.

DEFC Price Statistics Data:
DEFC price now: $0.09123
DEFC market cap: $9.34M
DEFC circulating supply: N/A
DEFC total supply: $100.00M
DEFC Coinmarketcap ranking: #5794

Key Levels:
Resistance Levels: $0.09400, $0.09500, $0.09600
Support Levels: $0.08400, $0.08300, $0.08200
DEFCUSD Long-term Trend: Bullish (1-hour chart)DEFCUSD Long-term Trend: Bullish (1-hour chart)
DeFi Coin is in a bullish momentum in its long-term view. The trend is rising and the price has not yet reached its goal.
The price distribution of the coin at the moment has risen to a $0.09123 high level which is above the EMA-9 trying to reach the EMA-50 shortly after the 1-hourly chart opens today, this indicates that bulls are gradually gaining access into the market at the present and may likely take over sooner.

Similarly, the price indicator which is also pointing up at around level 73% approaching the overbought region suggests that the coin is in an uptrend and the $0.09700 upper resistance level may be the target sooner in its long time frame.

DEFCUSD Medium-term Trend: Bullish (15-Minute Chart)DEFCUSD Medium-term Trend: Bullish (15-Minute Chart)DEFC Price to Retest $0.09700 High-Level Soon
DeFi Coin can be seen in a smooth uptrend in its lower time frame. The coin is losing bearish momentum as it rises above the $0.09062 resistance level as the 15-minute chart opens today.

The bulls caused a rise to the $0.09123 resistance level above the moving averages as the journey up north continues. This, however, will give the buy traders the motive to influence the price tendency.

The buyers are likely to continue the upward move as the stochastic indicator still remains in the overbought region, this will enable the bulls to move the price up to a significant level of $0.09700 high level as the market remains in a bullish zone in its 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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