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Defi Coin (DEFC) Price Rising Upward to $0.1378 High level

Johnathon Fox
07/05/2022 | UPDATED ON: 07/05/2022

Defi Coin Price Forecast: July 5
DEFCUSD may likely reverse to the upside if the current price at the $0.1247 low level holds. $0.1378 may be the retested.

DEFC Price Statistics Data:
DEFC price now: $0.1247
DEFC market cap: $12.486M
DEFC circulating supply: N/A
DEFC total supply: $100.00M
DEFC Coinmarketcap ranking: #4572

Key Levels:
Resistance Levels: $0.1264, $0.1364, $0.1464
Support Levels: $0.1247, $0.1147, $0.1047
 DEFCUSD Long-term Trend: Bullish (1-hour chart)DEFCUSD Long-term Trend: Bullish (1-hour chart)
DeFi Coin is in a bullish scenario in the long-term perspective. The price is currently recovering and showing positive signs above the $0.1242 high level.

The market value of the coin is at the $0.1260 resistance level as the 1-hourly chat opens today which is above the moving averages indicating that the trend is in a bullish zone and the price is in bullish momentum.

With the price action at $0.1247, buyers can purchase the coin at a lower price as the market remains on an upward move.

The momentum indicator also shows that the price action of DEFCUSD is in an uptrend as it is seen pointing up. The buyers are expected to continue the journey to the north and may likely reach or retest the $0.1378 resistance value soon in the long-term view.

DEFCUSD Medium-term Trend: Bullish (15-Minute Chart)
DEFC Price to reach $0.1378 High-Level Soon
DEFCUSD Medium-term Trend: Bullish (15-Minute Chart)DeFi Coin can be seen trading in an upward trend zone as well in the lower time frame.

The market value at a $0.1260 high level can be seen above the moving averages which makes it capable for the coin to rise further.

DEFCUSD is pointing up on the daily stochastic, meaning that the momentum in the price of the coin is in an uptrend and may likely remain in the same direction in the coming days as the buyers continue to dictate the market condition and take us to a high level of $0.1368 soon 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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