Defi Coin Price Forecast: September 20
DEFCUSD price action is most likely going to show reversal signs at the current support level of $0.07472, indicating a possible relief rally. Should the buy traders exert more force into the market and the price could close above the $0.07619 supply level and hold it, we can be sure of more upsides to a high at the $0.4000 high level.
DEFC Price Statistics Data:
DEFC price now: $0.07472
DEFC market cap: $7.54M
DEFC circulating supply: N/A
DEFC total supply: $100.00M
DEFC Coinmarketcap ranking: #6294
Key Levels:
Resistance Levels: $0.08000, $0.09000, $0.1000
Support Levels: $0.07300, $0.07200, $0.07100
DEFCUSD Long-term Trend: Bearish (1-hour chart)
Due to the interference of the sellers in the market at the moment, DEFCUSD is in a bearish trend move in the long-term outlook.
Today, DEFCUSD is trading below the two EMAs at the $0.07472 low level on the 1- hourly chart. However, the buy investors can join the market now and buy the coin at a cheaper rate so as to reap more gains in the future.
Therefore if the current support holds and the bulls should increase their activities in the market, Defi Coin price may likely reverse and face the upside more in its long-term view.
In addition to that, the crypto has fallen below the 20% range of the daily stochastic. It implies that the selling pressure is likely to end soon. This will compel the buyers to resume an uptrend sooner and take the price action upwards; the $0.4000 resistance level might be reached in the long-term perspective.
DEFCUSD Medium-term Trend: Bearish (15-Minute Chart)
DEFC Price Retracement at the $0.07472 Low-level
Here on the 15-minute chart, DEFCUSD is also showing a downward movement. The coin has been consolidating in the previous action before the downside movement at the $0.07472 support level resumes.
Further upsides are likely as indicated by the price indicator showing that the coin is oversold already, meaning that a further rise in the market value of the coin is sure soon and the Defi coin price may likely get to a $0.4000 high level sooner in the lower time frame.
You can purchase DeFi Coin here. Buy DEFC
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