Defi Coin Price Forecast: June 22
DEFCUSD is showing more upsides possibility and we can certainly expect more of the coin to gain strength and retest the $0.1282 resistance level again very soon.
DEFC Price Statistics Data:
DEFC price now: $0.1263
DEFC market cap: $12.29M
DEFC circulating supply: N/A
DEFC total supply: $100.00M
DEFC Coinmarketcap ranking: #6272
Resistance Levels: $0.1350, $0.1450, $0.1550
Support Levels: $0.1294, $0.1194, $0.1094
DEFCUSD Long-term Trend: Bullish (1-hour chart)
Despite the interference of sellers in the price flow of DeFi Coin, the daily chart market shows a bullish race in its long-term outlook.
The daily chart opens today with the formation of a bullish candle at a $0.1254 high level as the buyers continue to dictate the market at the moment.
The pair is now trading at the $0.1263 resistance level which is above the moving averages; this will enable the coin to rise further to a significant level and beyond.
The momentum indicator shows that the price signal is also moving upward at around level 27% in the oversold region as we expect the price distribution to retest the $0.1282 significant level and beyond in the days ahead in its long-term perspective while we sit and watch the coin turns to a bullish market.
DEFCUSD Medium-term Trend: Bullish (15-Minute Chart)
DEFC Price May Retest $0.1263 Resistance Level
The price movement of DEFCUSD is currently seen to be in the bull’s direction in the medium-term outlook.
The price action rises significantly to the $0.1263 resistance level above the moving averages as the 15-minute chart opens today. Its resistance is finally broken today. The pair will definitely go higher now and this is a potential open buy position for the traders as the market runs a bullish race.
The market value of DeFi Coin pointing upward in the oversold region at around level 23% is telling us that the price action is in an uptrend and may likely remain in the same direction in the future in the lower time frame. Therefore, we expect the price action to move up to $0.1282 and beyond.
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