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Defi Coin (DEFC) Surges above the $0.1345 Upper Resistance Level

Johnathon Fox
07/09/2022 | UPDATED ON: 07/09/2022

Defi Coin Price Forecast: July 9
DEFCUSD surges above $0.1345 high levels to move further into the upper resistance level. The crypto may likely reach the upper resistance level of $0.1600 and beyond if the bulls should increase their price movement in the market.

DEFC Price Statistics Data:
DEFC price now: $0.1350
DEFC market cap: $13.31M
DEFC circulating supply: N/A
DEFC total supply: $100.00M
DEFC Coinmarketcap ranking: #4525

Key Levels:
Resistance Levels: $0.1350, $0.1450, $0.1550
Support Levels: $0.1290, $0.1190, $0.1090
DEFCUSD Long-term Trend: Bullish (1-hour chart)DEFCUSD Long-term Trend: Bullish (1-hour chart)
DeFi Coin is in a bullish trend on the 1-hourly chart. The pair has reached the $0.1350 resistance level as the 1-hourly chart opens today.

The market price of DEFCUSD trading above the moving averages suggests that the bulls are having the market at their disposal at the time of writing this article.

The market value of the coin may likely increase more to the upside if the bulls should increase their price action.

The bulls are set now to take the price of DEFCUSD up to a significant level of $0.1795 as the momentum indicator is telling us that the price is going up approaching the overbought region. So, we expect the bullish trend to continue as the buyers are on the track now taking us higher to the upper resistance in the days ahead in its long-term perspective.

DEFCUSD Medium-term Trend: Bullish (15-Minute Chart) DEFCUSD Medium-term Trend: Bullish (15-Minute Chart)DEFC Price May likely reach $0.1795 High-Level Soon
DEFCUSD is trading in the bullish trend zone in the lower time frame. The coin reached the $0.1350 high level above the moving averages as the 15-minutes chart opens today.

The market value of DeFi Coin on the lower time frame (15 minutes) at $0.1350 is seen above the moving averages.

There is a possibility of rising further in the price of the coin as the market value is at the disposal of the bulls. Traders may use this opportunity to buy the coin and make more profits as the market continues in its upward move.

DEFCUSD may likely remain and continue in its upward move as the momentum indicator also points upward, this indicates that bulls are in control of the market and are set to take the pair up to a significant level of $0.1795 high level in its medium-term perspective.

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.

View all posts by Johnathon Fox →
Previous Post: « EUR/JPY Is in a Bearish Double Top as It Declines to Level 135.54
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