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DeFi Coin Price Prediction: DEFCUSD Price Targeting the $0.1215 Upper Resistance Level

Azeez M. Mustapha by Azeez M. Mustapha
July 26, 2022
in Analysis, Crypto news, Opinion
Reading Time: 3min read
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DeFi Coin Price Prediction – July 26
There is the possibility of more upsides if the bulls should increase their price action, DeFi Coin price may likely rise to retest the $0.1215 upper high level and beyond soon.

Key Levels:
Resistance levels: $0.09100, $0.09200, $0.09300
Support levels: $0.08700, $0.08600, $0.08500
DEFCUSD Long-term Trend: Bearish (4H Chart)DEFCUSD Long-term Trend: Bearish (4H Chart)
DeFi Coin is in a bearish market zone. It seems that the bulls are about to take over and push us higher as the 4-hourly session opens today at the $0.09050 resistance level but below the moving averages. There are multiple possible targets at this point, but either way, it seems that the price will bounce up again soon.

The market value of DEFCUSD which has risen significantly to the $0.09103 resistance level is capable of rising further to$0.1215 high level and beyond.

The coin has fallen below the 20% range of the daily stochastic. It implies that the selling pressure is going to end sooner and the bulls are set to take the price up at the moment as indicated by the price indicator which is pointing up at around level 12%, so we expect the buyers to move the price up and $0.1215 high level may be the target in the coming days in its long-term view.

DEFC USD Medium-term Trend: Bearish (1H Chart)DEFC USD Medium-term Trend: Bearish (1H Chart)The coin is in a bearish move in its lower time frame. DeFi Coin at $0.09103 resistance level below the moving averages as the 1-hourly chart opens today affirms the gradual returns of the bulls into the market at the present.

However, the price of DEFCUSD pointing upwards on the price movement indicator at around level 10%, is telling us that the price action may likely resume and even continue in an upside direction. Therefore we should expect the buyers to take the Defi Coin price up to a significant level of $0.1215 upper resistance level as the market turns bullish soon in the medium-term view.

You can purchase DeFi Coin here. Buy DEFC

Tags: DEFCDEFCUSDDeFi CoinTechnical Analysis

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