DeFI Coin Price Forecast: DEFC Bulls Defend Demand Zone at $0.2320
Login

DeFI Coin Price Forecast: DEFC Bulls Defend Demand Zone at $0.2320

Estimated Reading Time: 2 minutes
Article Rating:
Based on 1 vote
Login to rate this article.

Azeez Mustapha

Updated:

DeFI Coin Price Forecast: May 24

The DeFI Coin price forecast is ascending as the bulls regain control at $0.4730.


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

DEFCUSD Key Levels:
Supply Zones: $0.5650, $0.4730
Demand Zones: $0.3730, $0.2320
https://learn2.trade/defi-coin-price-forecast-defc-bulls-defend-demand-zone-at-0-2320 DEFCUSD coin has changed market direction at the $0.2800 demand zone. The market pumped rapidly from the $0.2800 support level to the resistance at $0.5650.


DeFI Coin Price Forecast: Market Outlook

The bullish surge from the demand zone at $0.2800 on the 6th was a continuation of the rally from the previous day. The market correction was initiated on the 7th of May. The Moving Average cross-signed the beginning of the bearish retracement.

There was a bearish breakout from a descending channel. The bulls are anticipated to go long at demand levels to further the bullish run.

The market tapped the $0.2800 demand level. A bounce off the demand level has been spotted.

DEFC Medium-Term Trend: Bullish (5-minute chart)


The market stopped respecting the bearish trend line as the market tapped the demand level. The market eventually broke through the major level at $0.3700.
https://learn2.trade/defi-coin-price-forecast-defc-bulls-defend-demand-zone-at-0-2320 The market is expected to attack the next major level at $0.4730. The bullish trend has been restored with the support received at $0.2800

You can purchase DeFi Coin here: Buy DEFC

Note: Learn2.trade 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
9.8
  • 20% welcome bonus of upto $10,000
  • Minimum deposit $100
  • Verify your account before the bonus is credited
$100 Min Deposit
9
  • Over 100 different financial products
  • Invest from as little as $10
  • Same-day withdrawal is possible
$250 Min Deposit
9.8
  • The Lowest Trading Costs
  • 50% Welcome Bonus
  • Award-winning 24 Hour Support
$50 Min Deposit
9
  • Fund Moneta Markets account with a minimum of $250
  • Opt in using the form to claim your 50% deposit bonus
$250 Min Deposit
9

Learn to Trade

Never Miss A Trade Again

step 1
Signal Notification

Real-time signal notifications whenever a signal is opened, closes or Updated

step 2
Get Alerts

Immediate alerts to your email and mobile phone.

step 3
Entry Price Levels

Entry price level for every signal Just choose one of our Top Brokers in the list above to get all this free.

Share with other traders!

telegram
Telegram
forex
Forex
crypto
Crypto
algo
Algo
news
News