Price Outlook: DEFC/USD Ranges as Price Targets $0.40 Level
Estimated Reading Time: 2 minutes
Don’t invest unless you’re prepared to lose all the money you invest. This is a high-risk investment and you are unlikely to be protected if something goes wrong. Take 2 minutes to learn more
Free Crypto Signals Channel
Free Telegram Channel
The DeFi Coin price prediction reveals that if bulls begin to increase their momentum, the price would head to the upside.
DEFC/USD Medium-term Trend: Ranging (2H Chart)
Key Levels:
Resistance levels: $0.42, $0.44, $0.46
Support levels: $0.27, $0.25, $0.23
At the time of writing, DEFC/USD is moving sideways as the coin stays above the 9-day and 21-day moving averages. Meanwhile, the bullish momentum is getting ready for a cross above the nearest resistance level of $0.0.35.
DeFi Coin Price Prediction: DEFC/USD Would Spike to the Upside
The DeFi Coin price is changing hands at $0.34 where it will continue to face the upside. However, if the coin moves near the upper boundary of the channel, the coin may locate the potential resistance levels at $0.42, $0.44, and $0.46 while the support levels remain at $0.27, $0.25, and $0.23 for the new entries as the technical indicator Relative Strength Index (14) moves around 50-level.
DEFC/USD Medium-term Trend: Ranging (30M Chart)
The DeFi Coin price moves to cross above the upper boundary of the channel as the technical indicator Relative Strength Index (14) moves into the oversold region. However, any further bullish movement above the channel may touch the resistance level at $0.36 and above.
Nevertheless, DEFC/USD may begin to display some bullish signals, and once this happens, the market price will head to the upside, but if the price drops and move towards the lower boundary of the channel, it could hit the nearest support at $0.33 and below.
You can purchase DeFi Coin here. Buy DEFC
