1 year ago
97 DeFi Coin Price Prediction – July 12
In case the support level of $0.1136 holds, Defi Coin price may reverse and face the resistance levels at $0.1301, $0.1366, and $0.1384 respectively.
Key Levels:
Resistance levels: $0.1370, $0.1470, $0.1570
Support levels: $0.1150, $0.1050, $0.0950
DEFCUSD Long-term Trend: Bearish (4H Chart)
DeFi Coin is in a bearish trend zone in its long-term outlook. The market price of DEFCUSD at a $0.1142 high level is seen below the moving averages as the 4-hourly session opens today.
The price action is capable of rising further to $0.1384 and beyond, a further downward is unlikely at the moment as the momentum indicator shows the coin is oversold therefore traders can buy the coin at a cheaper rate. This may compel the buyers to move in, as expect the price distribution of DEFCUSD to reach the $0.1384 significant level in the days ahead in its long-term perspective.
DEFC USD Medium-term Trend: Bearish (1H Chart)
The currency pair is in a bearish trend zone in its lower time frame. The selling pressure on the currency moves the price action to a $0.1131 low level as the 1-hourly chart opens today.
However, the pair is showing more upside possibility as the momentum indicator is pointing upward in the oversold region, so we can expect more buyers as the market gain more strength in the latter days in its medium-term view.
You can purchase DeFi Coin here. Buy DEFC
