Defi Coin (DEFC) Remains Pressured Above $0.07215 Supply Level

Defi Coin Price Forecast: September 5
DEFCUSD has been moving in sideways in the previous action. Crypto is now facing upsides at the moment. The price currently trading at the $0.07221 supply level might go higher if the buy traders should exert more force in their action, the target might possibly be a $0.0400 supply level.

DEFC Price Statistics Data:
DEFC price now: $0.07221
DEFC market cap: $7.21M
DEFC circulating supply: N/A
DEFC total supply: $100.00M
DEFC Coinmarketcap ranking: #6709

Key Levels:
Resistance Levels: $0.07500, $0.08000, $0.08500
Support Levels: $0.07200, $0.07100, $0.07000

DEFCUSD Long-term Trend: Bullish (1-hour chart)
DeFi Coin is in an upward move in its long-term perspective. The price action can be seen above the EMA-9, but below the EMA-50—an indication of bullish momentum.

The bulls made an upward move to a $0.07221 resistance value after a series of sideway moves shortly after the 1-hourly chart opened today.

The Bull Run, backed by increasing volume, breached the immediate resistance of $0.07215, indicating the correction had ended, and traders could concentrate on the next bull cycle.

Furthermore, the DEFCUSD price is up at a $0.07221 high level and may retest the $0.07524 supply level to validate this breakout. Interested traders could grab opportunities during the retest phase.

Thus, if the prices continue to follow this pattern, the overhead resistance coinciding with the $0.0400 high level makes a potential target in its long-term outlook.

DEFCUSD Medium-term Trend: Bullish (15-Minute Chart) DEFC Staying above the $0.07221 Supply Level
In the lower time frame, the cryptocurrency is n a bullish market zone. The bulls’ impact on the DeFi Coin price has really sustained its bullishness.

The bulls managed to take control and made a corrective move in today’s session to a $0.07223 supply level as the 15-minute session opened today.

 Hence, we expect DEFCUSD to scale higher and reach a $0.400 high level, in the lower time frame if the price is sustained above the $0.07223 resistance level.

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