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Defi Coin (DEFC) to Reach $0.1400 High-Level Soon

Johnathon Fox
07/08/2022 | UPDATED ON: 07/08/2022

Defi Coin Price Forecast: July 8
DEFCUSD surges above the $0.1323 resistance level to move further into the upper resistance level. The crypto may likely reach the upper resistance level of $0.1400 if the bulls should increase their price movement in the market.

DEFC Price Statistics Data:
DEFC price now: $0.1324
DEFC market cap: $13.72M
DEFC circulating supply: N/A
DEFC total supply: $100.00M
DEFC Coinmarketcap ranking: #4528

Key Levels:
Resistance Levels: $0.1300, $0.1400, $0.1500
Support Levels: $0.1230, $0.1130, $0.1030 DEFCUSD Long-term Trend: Bullish (1-hour chart)
DeFi Coin is in an upward movement and shows a bullish posture in the long-term perspective.

The market value of the coin which had reached the $0.1328 resistance level above the moving averages as the 1-hourly chat opens today affirms the presence of more bulls in the market. After which the sellers came in and drop the price to the $0.1312 support level.

However, with this current price traders can buy at a lower price and as well moves the market value of the coin further up to a significant level.

Likewise, the bulls are set now to take the price of DEFCUSD up to a significant level of $0.1400 as the momentum indicator shows that the coin is oversold this will compel the bulls to resume back soon and move the price up again to a high level of $0.1400 in the days ahead in its long-term perspective.

DEFCUSD Medium-term Trend: Bearish (15-Minutes Chart)DEFCUSD Medium-term Trend: Bearish (15-Minutes Chart)DEFC Price about Reaching $0.1400 High-Level

DEFCUSD is trading in the bearish trend zone in the lower time frame. The coin reached the $0.1328 high level before it dropped to the $0.1312 low level below the moving averages as the 15-minutes chart opens today.

However, the bulls may likely continue the uptrend movement soon as the price of DeFi Coin is in the oversold region of the daily stochastic.

Buyers will likely emerge soon to move the price to a significant level of $0.1400 as the market turns to a bullish zone 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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