DeFi Coin Price Prediction: DEFC/USD Ranges As Price Heads to the North
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The DeFi Coin price prediction is ranging, but the bulls would increase their momentum, and the price would spike to the upside.
DEFC/USD Medium-term Trend: Ranging (4H Chart)
Key Levels:
Resistance levels: $0.40, $0.42, $0.44
Support levels: $0.19, $0.17, $0.15
DEFC/USD is moving sideways as the coin prepares to break above the 9-day and 21-day moving averages. Meanwhile, the bullish momentum is gathering for a positive movement above the $0.30 resistance level. However, if the bulls fail to drive the price higher, the DeFi Coin price may likely consolidate for some time.
DeFi Coin Price Prediction: DEFC/USD Bulls Ready for The Upside
The DeFi Coin price is changing hands at $0.28, 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 $0.40, $0.42, and $0.44. The support levels remain at $0.19, $0.17, and $0.15 for the new entries as the technical indicator Relative Strength Index (14) remains below 40-level.
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 cross above 40-level as the coin gets set for the upward movement. However, any bullish movement above the moving averages will reach the resistance level at $0.32 and above.
However, 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 nearest support at $0.25 and below.
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