Defi Coin Price Forecast: It Rallies Above $0.0750 – August 26
Defi Coin is in a downtrend as it rallies above $0.0750. On August 8 upward correction, the bulls broke above the moving average lines to reach the high of $0.1461 but were repelled. The cryptocurrency reached an overbought region of the market. The altcoin declined to the low of $0.06582 as bulls bought the dips.
DEFC Price Statistics Data:
DEFC price now – $0.07507
DEFC market cap – $876,417
DEFC circulating supply – 11,674,835.00 DEFC
DEFC total supply – $7,506,892
DEFC Coinmarketcap ranking – #6130
Key Levels:
Supply Zones: $0.3000, $0.4000, $0.5000
Demand Zones: $0.0760, $0.0730, $0.0700
DEFCUSD Long-Term Trend: Bullish (1-hour chart)
Defi Coin’s recent decline has pushed the altcoin to the oversold region of the market. Buyers have been attracted to the oversold region of the market. There are formations of bullish candlesticks as the market resumes upward. On August 25 and 26, the cryptocurrency rallied to the high of $0.0752 and was resisted. The coin reached the overbought region and retraced below the moving average lines. On the upside, if the bulls breach the $0.0752 resistance, a rally to $0.0840 is likely.
DEFCUSD Medium-Term Trend: Bullish (15-Minute Chart) – It Rallies Above $0.0750
DEFCUSD retraces to the low of $0.07370 and rallies above $0.0750. The coin is rising to revisit or breach the resistance at the recent high. The altcoin has regained bullish momentum as it resumed upward. The crypto is above the 30% range of the daily stochastic.
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