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Defi Coin (DEFC) Price Remains Strongly Bullish

Johnathon Fox
07/01/2022 | UPDATED ON: 07/01/2022

Defi Coin Price Forecast: July 1
DEFCUSD bullish trend may continue provided the $0.1420 support level holds.

DEFC Price Statistics Data:
DEFC price now: $0.1450.
DEFC market cap: $19.47M
DEFC circulating supply: N/A
DEFC total supply: $100.00M
DEFC Coinmarketcap ranking: #4501

Key Levels:
Resistance Levels: $0.1450, $0.1550, $0.1650
Support Levels:  $0.1396, $0.1296, $0.1196
DEFCUSD Long-term Trend: Bullish (1-hour chart)DEFCUSD Long-term Trend: Bullish (1-hour chart)The market value of DEFCUSD at $0.1450 as the market opens today is seen above the moving averages. The momentum of the coin on the 1-hourly chart is undeniably bullish as can be seen from the chart. However, the market value of DeFi Coin is about to increase to the $0.1500 high level soon as the momentum indicator shows that the market is in an upward trend. Buyers are set to take us higher now.

Further increase in the price action of the bulls will definitely move the price of the coin up to a significant level as the market remains strongly bullish in the coming days in its long-term perspective.

DEFCUSD Medium-term Trend: Bullish (15-Minutes Chart)DEFCUSD Medium-term Trend: Bullish (15-Minutes Chart)DEFCUSD May Likely Reach $0.1500 High-Level
DEFCUSD is trading in the bullish trend zone in the lower time frame. The coin reached the $0.1450 high level before it dropped to the $0.1420 low level as the 15-minutes chart opens today.

The price of the coin is seen above the moving averages, this makes it capable for the coin to rise further to the upside.

However, there is the possibility of a further rise in the price of DeFi Coin as the market value is approaching the oversold region of the daily stochastic. This means that the buyers will resume soon to move the pair further up. Buyers are likely to emerge to move the price up to a significant level of $0.1500 soon as the market turns to 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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