DeFi Coin Price Prediction – September 20
The Defi Coin price may likely reverse provided the buyers don’t give up and increase their momentum pressure in the market. If the price of the crypto closes above the $0.07943 supply level, the coin might further extend to a $0.1500 high level and beyond.
Resistance levels: $0.07900, $0.08000, $0.08100
Support levels: $0.07200, $0.07100, $0.07000
DEFCUSD Long-term Trend: Bearish (4H Chart)
Defi Coin price is in a bearish market at the moment. Further, the coin is trading below the moving averages.
Next, more upsides are likely as the market is oversold already. This will compel the buy traders to resume an upside move soon. The price might likely rebound at the current support level to reach a $0.500 supply level in the days ahead in its higher time frame.
DEFCUSD Medium-term Trend: Bearish (1H Chart)
The currency pair is showing a bearish sentiment on the lower time frame. The price actions can be seen below the moving averages.
Meanwhile, a further rise in the market price of the DEFCUSD is possible, as the selling pressure has ended.
The cryptocurrency is now trading in the oversold region. This means that the price might possibly reverse at the current support level and its upside moves may likely hit the $0.500 supply level soon in its lower time frame.
You can purchase DeFi Coin here. Buy DEFC
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