DEFC Is in a Positive Move as It Rebounds to $0.07944 High

Defi Coin Price Forecast: October 29
DEFC is in an uptrend as it rebounds to $0.07944 high. Due to its ability to draw customers at a lower levels of price, DEFC is in an uptrend. The cryptocurrency is approaching the high of level $0.08927. However, the current uptrend has reached the overbought region.

DEFC Price Statistics Data:
DEFC price now -$0.07914
DEFC market cap – $928,746
DEFC circulating supply – 11,674,835.00 DEFC
DEFC total supply – $7,941,066
DEFC Coinmarketcap ranking – #6406

Key Levels:
Supply Zones: $0.3000, $0.4000, $0.5000
Demand Zones: $0.0760, $0.0730, $0.0700

DEFCUSD Long-Term Trend: Bearish (1-hour chart)

Since October 25, Defi Coin has continued to rebound as it reached the high of $0.07850. The crypto’s price is making a series of higher highs and higher lows. The altcoin is rising as it broke the initial resistance at $0.7889. The next target resistance is the high of level $0.08927. Meanwhile, the current uptrend has reached the overbought region. It is doubtful if the current push will continue. The value of the cryptocurrency asset is above the daily Stochastic’s 80% range. This implies that the market has reached the overbought region.

DEFCUSD Medium-Term Trend: Bearish (15-Minute Chart) – It Rebounds to $0.07944 High

The cryptocurrency has experienced a big positive move on the 15-Minute Chart as it rebounds to $0.07944 high. The price ranges with the lowest prices are more likely to draw buyers. Additionally, buyers have emerged in the oversold region of the market to push prices upward.

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