Defi Coin Price Forecast: Defc Price Breaks Past the $0.09000 Mark in a Clean Swoop

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Defi Coin Price Forecast: September 30

The Defi Coin price forecast that the crypto price has gained the strength it needs to rise higher after getting through the consolidation phase. Coming from this range, the bulls were able to prove their superiority in the DEFCUSD market, after shooting for the $0.09000 mark with a single impulsive run.

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

Significant Levels: 
Supply zone: $0.09360, $0.07650
Demand zone: $0.08250, $0.06950

Defc Price Breaks Past the $0.09000 Mark in a Clean Swoop

DEFCUSD has again continued its step-wise bullish pattern within its channel. As it is, the market took a long position that saw it hit a new price level after a new higher low was formed. Again giving the market enough bullish pressure to help break into a new price level.

DeFI Coin Price Forecast: Market Outlook

Using the Super-trend indicator, the market can be seen to have crossed past the signal line, after leaving the discount level. This shows that the market had resumed a bullish position which is expected to continue as the indicator suggests.

The Parabolic SAR (Stop and Reverse) indicates that the DEFC price is currently on a bullish path. The indicator’s dots can be seen lining up below the bullish candles, largely since the 28th, showing consistency in the market’s direction.
The Moving Average indicator, just like the Super-trend indicator, posits that the market remains bullish. The period 89 indicates that the price is still bullish, even after getting past the $0.09000 level. This shows that the market has not even reached an oversold point yet, and that can only mean that more can be expected by DEFCUSD buy traders.

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

The market seems to be creeping up, gradually to the $0.10000 price level, after the latest buy outburst. As the trendline suggests, the market will, in a matter of days, find its way back to the price level again.

Defc Price Breaks Past the $0.09000 Mark in a Clean SwoopIn any case, consolidation can be expected to happen at the current price level as sellers struggle to find a place in the DEFI market. However, this is expected to create yet another stepping stone for the price to reach the $0.10000 mark.

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.

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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.