DeFI Coin Price Forecast: DeFI Coin Dives to Support Level in a Bearish Channel

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 Price Forecast: June 21

DeFI Coin price forecast is calling for a market reversal at $0.0940. The market currently lurks around support levels on DeFI’s market.

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

DEFCUSD significant Levels:
Zones of supply: $0.5660, $0.3850
Zones of demand: $0.2810, $0.0940.

DeFI Coin Price Forecast: DeFI Coin Dives to Support Level in a Bearish ChannelDeFI Coin Price Forecast: Market Outlook

The market has been in a correction phase since the 7th of May after the bullish surge. The correction phase is less volatile compared to the bullish rally from $0.0940. The Moving Averages (period twenty and fifty) crossed beneath $0.5660 to signify the initiation of the retracement.

The retracement paused temporarily at $0.2810. The candles touched the parallel channel’s lower border that guided the retracement market. The level at $0.2810 provided support for the bulls. This caused the market to consolidate between $0.3850 and $0.2810.

DeFI Coin was trapped in the consolidation from the 13th of May till the 13th of June. The market retracement continued as the market drove through $0.2810 to seek support at lower prices.

DEFC Medium-Term: Trend Bullish (15-minute chart)

The market is currently closing in on the demand level at $0.0940. This will likely excite the bulls to go long from the demand level.
DeFI Coin Price Forecast: DeFI Coin Dives to Support Level in a Bearish ChannelThe lower edge of the parallel channel is also expected to provide sufficient support for the bulls to go long. The market is expected to rise towards $0.2810.

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 *