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Defi Coin Price Forecast: DEFC Resumes Relief Rallies and Attempts to Reclaim the $0.3000 High

Jon Hartney by Jon Hartney
July 7, 2022
in Bitcoin, Blockchain, Business, Market
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Defi Coin Price Forecast: DEFC Resumes Relief Rallies and Attempts to Reclaim the $0.3000 High
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Defi Coin Price Forecast: To Reclaim the $0.3000 High – July 6

DEFC has recovered from a downtrend as it attempts to reclaim the $0.3000 high. The cryptocurrency is rising and will attain a high of $0.3000 to be in the bullish trend zone. In the bullish trend zone, DEFC/USD will have an accelerated price movement.

DEFC Price Statistics Data :
DEFC price now – $0.1356
DEFC market cap – $1,590,816
DEFC circulating supply – 11,674,835.00 DEFC
DEFC total supply – $13,564,688
DEFC Coinmarketcap ranking – #4551

Key Levels:
Supply Zones: $0.3000, $0.4000, $0.5000
Demand Zones: $0.1000, $0.2000, $0.2500

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

Defi Coin is in an uptrend as the crypto’s price is making a series of higher highs and higher lows. Today, the price movement has changed as there is a price spike. The crypto’s price gapped up to the next price level. Buyers are attempting to push the current price of $0.1363 to the high of $0.3000. In the previous price action, Defi Coin broke the resistance of $0.3000 as the altcoin rallied to the high of $0.4000.The crypto’s price bars are above the moving average lines indicating a possible rise of the cryptocurrency.

DEFCUSD Medium-Term Trend: Bullish (15-Minute Chart) – To Reclaim the $0.3000 High

The Defi Coin is in a strong bullish momentum as it attempts to reclaim the $0.3000 high. The crypto’s price jumped above the initial resistance at the level of $0.1313. In its initial rejection, the market declined below the 21-day line SMA but recovered immediately. As the price bars remain above the 21-day line and the 50-day line SMAs, there is the possibility of further upsides.

Defi Coin Price Forecast: DEFC Resumes Relief Rallies and Attempts to Reclaim the $0.3000 High
DEFC/USD

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