DeFI Coin Market Prospect: DEFCUSD to Strengthen at Weekly Demand Level

Azeez Mustapha


Unlock Daily Forex Signals

Select a Plan


1 - month



3 - month



6 - month






Separate Swing Trading Group



Get VIP forex signals, VIP crypto signals, swing signals, and forex course free for lifetime.

Just open an account with one our affiliate broker and make a minimum deposit: 250 USD.

Email [email protected] with a screenshot of funds on account to get access!

Sponsored by

Sponsored Sponsored

Service for copy trading. Our Algo automatically opens and closes trades.


The L2T Algo provides highly profitable signals with minimal risk.


24/7 cryptocurrency trading. While you sleep, we trade.


10 minute setup with substantial advantages. The manual is provided with the purchase.


79% Success rate. Our outcomes will excite you.


Up to 70 trades per month. There are more than 5 pairs available.


Monthly subscriptions begin at £58.

DeFI Coin Market Prospect – August 2

The DeFI Coin market prospect is for the coin to pull back to a strong weekly demand level where the bulls are expected to strengthen themselves before another market rally.

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

Key Levels:
Supply Zones: $0.113300, $0.117700, $0.122000
Demand Zones: $0.08760, $0.080590, $0.106200
DeFI Coin Market Propsect: DEFCUSD to Strengthen at Weekly Demand LevelAfter a prolonged period of a downtrend movement, in which the bulls were denied expression several times, DEFCUSD finally broke free of a downward trending channel just before July ended. The coin thus begins a new month with newfound bullish freedom. The price is currently pulling back to strengthen before another rally.

DeFI Coin Price Forecast: DEFCUSD Market Prospects

A lengthy period of consolidation was the strategy by which the bulls eventually strengthened to break through the upper border of their descending channel. A rally from the consolidation on the 28th of July broke the limit.

The coin is now free of those restrictions, and the first thing it does is push through to $0.122000. However, to reach a further higher level, the price has pulled back to the $0.106200 significant level. The price is expected to spring up from there.

The result of the pullback is that the market has traded below the MA period 30 (Moving Average). The Parabolic SAR (Stop and Reverse) also aligns its dots above the candlesticks to signify a downtrend.

DEFCUSD Medium-Term Trend: Bullish (15-Minute Chart)

In pulling back, the market has dropped below two key levels and is now approaching $0.106200. There is a long line of the Parabolic SAR dots above the 15-minute candlesticks like on the 1-hour chart. Bulls have stationed themselves at the $0.106200 demand level to jump into the market.
The DeFI Coin market prospect is for the coin to pull back to a strong weekly demand level where the bulls are expected to strengthen While the market has also dropped below the MA period 30 on the 15-minute time frame, it is not too far from it. This means it will take minimal effort for the price to get back above the Moving Average line, which will further push up the market. The price is therefore expected to spring up from the $0.106200 demand level.

You can purchase DeFi Coin here: Buy DEFC

Note: is not a financial advisor. Do your research before investing your funds in any financial asset or presented product or event. We are not responsible for your investing results.

  • Broker
  • Benefits
  • Min Deposit
  • Score
  • Visit Broker
  • Award-winning Cryptocurrency trading platform
  • $100 minimum deposit,
  • FCA & Cysec regulated
$100 Min Deposit
  • 20% welcome bonus of upto $10,000
  • Minimum deposit $100
  • Verify your account before the bonus is credited
$100 Min Deposit
  • Over 100 different financial products
  • Invest from as little as $10
  • Same-day withdrawal is possible
$250 Min Deposit
  • The Lowest Trading Costs
  • 50% Welcome Bonus
  • Award-winning 24 Hour Support
$50 Min Deposit
  • Fund Moneta Markets account with a minimum of $250
  • Opt in using the form to claim your 50% deposit bonus
$250 Min Deposit

Share with other traders!

Azeez Mustapha

Azeez Mustapha is a trading professional, currency analyst, signals strategist, and funds manager with over ten years of experience within the financial field. As a blogger and finance author, he helps investors understand complex financial concepts, improve their investing skills, and learn how to manage their money.

Leave a Reply

Your email address will not be published. Required fields are marked *