DeFi Coin Price Prediction – June 21
The DEFCUSD price may likely increase further once it breaks the previous candle at a $0.1222 high level, it is possible to go up the more towards $0.1572.
Key Levels:
Resistance levels: $0.1570, $0.1670, $0.1770
Support levels: $0.1190, $0.1090, $0.0990
DEFCUSD Long-term Trend: Bullish (4H Chart)
On the 4-hourly chart, DeFi Coin still remains in a bullish trend zone. The bulls are more active in the market, this gives room for a more bullish impact on the market currently.
The bulls’ increased momentum moves the market value of the currency pair up to the $0.1216 resistance level as the 4-hourly chart opens today.
The market value of DEFCUSD is now up at a $0.1216 high level above the EMA-9 which is capable of rising further to the $0.1222 resistance level and beyond.
The pair is showing more upside possibility as the momentum indicator is pointing upward in the overbought region, so we can expect more buyers as the market gain more strength in the latter days in its long-term view.
DEFCUSD Medium-term Trend: Bullish (1H Chart)
The currency pair is in an upward move in the lower time frame. DeFi Coin price can be seen here above the moving averages, this shows the market is in a bullish race at the moment.
The buying pressure on the currency moves the price action up to $0.1216 high level above the two moving averages as the 1-hourly chat opens today.
Furthermore, the price of DEFCUSD pointing upwards on the price movement indicator at around level 91% is an indication of more bulls in the market.
Therefore, we expect the price to continue its upward move to $0.1222 significant level and beyond in the future in the medium-term view.
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