Defi Coin Price Forecast: September 13
DEFCUSD market value may possibly turn around for good for the bulls soon. The crypto may experience a correction phase soon, should the bulls increase their pressure and the current support holds, the price may reverse and hit the $0.400 resistance level.
DEFC Price Statistics Data:
DEFC price now: $0.07733
DEFC market cap: $7.73M
DEFC circulating supply: N/A
DEFC total supply: $100.00M
DEFC Coinmarketcap ranking: #6183
Key Levels:
Resistance Levels: $0.07900, $0.08000, $0.08100
Support Levels: $0.07700, $0.07600, $0.07500
DEFCUSD Long-term Trend: Bearish (1-hour chart)
DEFCUSD is in a bearish market zone in its long-term outlook. The coin is forming lower lows and lower highs. Further, the price is trading below the exponential moving averages.
Today, Defi Coin made an upward move to the $0.07906 resistance level to resume its uptrend, the intervention of the sellers dropped the price down to a $0.07733 low level. Thus, traders can invest in the coin at the present at a lower price and this will result in more gains ahead.
On the hourly chart, if bulls should increase their price action, and bullish momentum is sustained, the cryptocurrency will resume upside momentum.
The pair has fallen below the level of 20% of the stochastic. It indicates that Defi Coin price is now in the oversold region of the market. It implies that the selling pressure is likely to run to an end.
We will now be looking into the emergence of buyers in the oversold region of the market and the price may reach the $0.400 resistance level in the days ahead in the higher time frame.
DEFCUSD Medium-term Trend: Bearish (15-Minute Chart)
DEFC Facing the Upside Soon
Here on the 15-minute chart, DEFCUSD is showing a downward movement. The coin has also reached a high level of $0.07906 before the downside movement resumes.
Further upsides are certain as indicated by the price indicator pointing upwards, meaning that a further rise in the market value of the coin is certain in the lower time frame.
You can purchase DeFi Coin here. Buy DEFC
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