DeFi Coin Price Prediction: DEFC/USD Price Heads to the North
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The DeFi Coin price prediction is ranging as the bulls increase their momentum, and the market price heads to the upside.
DEFC/USD Medium-term Trend: Ranging (4H Chart)
Key Levels:
Resistance levels: $0.13, $0.14, $0.15
Support levels: $0.09, $0.08, $0.07
DEFC/USD is moving sideways as the coin moves to cross above the 9-day moving average. Meanwhile, the bullish momentum is gathering for a positive movement above the $0.10 resistance level. However, if the bulls fail to drive the price higher, the DeFi Coin price may likely consolidate before the upward movement.
DeFi Coin Price Prediction: DEFC/USD Bulls Ready for The Upside
The DeFi Coin price is changing hands at $0.10, where it will begin to face the upward movement. However, if the coin crosses above the 9-day and 21-day moving averages, it will locate the potential resistance levels at $0.13, $0.14, and $0.15. The support levels remain at $0.09, $0.08, and $0.07 for the new entries as the technical indicator Relative Strength Index (14) recovers from the oversold region, suggesting bullish signals.
DEFC/USD Medium-term Trend: Ranging (2H Chart)
The DeFi Coin price stays below the 9-day and 21-day moving averages, while the technical indicator Relative Strength Index (14) will be recovering from the oversold region and heading to the upside. However, any bullish movement above the moving averages will reach the resistance level at $0.125 and above.
In the next positive direction, DEFC/USD will begin to display some bullish signals, and once this happens, the market price will cross into the positive side, but if the price drops below the lower boundary of the channel, it could touch the support at $0.095 and below.
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