DeFI Coin Price Forecast- DeFI Coin Gyrates in an Accumulation Phase

Updated:

Checkmark

Invest at least $250 in D2T to gain lifetime access to our VIP Signals

Checkmark

Get early access to Dash 2 Trade’s Presale. Buy the D2T token now

Checkmark

Existing community of 70,000+ traders

Checkmark

Unlocks access to the leading crypto trading analysis, signals and trading tools

Checkmark

As featured in CryptoNews.com, FXEmpire.com, FXStreet.com and more

Checkmark

World class development team backed by Quant developers and VC investors


DeFI Coin Price Forecast- June 23

DeFI Coin price forecast is bullish as the demand zone at $0.0950 is still protected by the bulls.

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

DEFCUSD significant Levels:
Zones of supply: $0.50690, $0.3930
Zones of demand: $0.0950, $0.2850.
DeFI Coin Price Forecast- DeFI Coin Gyrates in the Accumulation Phase at a Demand Level
DeFI coin bullish impulse was initiated at $0.0950 during the first week of May. The market rallied to the resistance level at $0.5600.

DeFI Coin Price Forecast: Market Outlook

DeFI impulsive leg was paused at $0.5060. The Average Directional Index rose with the price to reveal the strength of the bullish run. This resulted in a correction phase in the market to complete a wave circle. The price moved back and forth between $0.5069 and $0.3930. The MACD signified an overbought market just before the initiation of the consolidation.

The correction phase gave way to another impulsive phase. The price dropped from $0.3930 to $0.2840. After the impulsive move in price, the market entered into a consolidation.

The price is currently closing in on the demand level at $0.0950. The market has entered a new accumulation phase just above the demand level.

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

DeFI Coin market’s range above the $0.0950 demand level is reflected on the MACD (Moving Average Convergence and Divergence). The lines of the MACD are crossing sideways on the 15-minute chart.
DeFI Coin Price Forecast- DeFI Coin Gyrates in the Accumulation Phase at a Demand LevelThe accumulation phase is expected to result in a bullish distribution phase. The market is expected to rally to the key level at $0.2850.

 

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
  • 20% welcome bonus of upto $10,000
  • Minimum deposit $100
  • Verify your account before the bonus is credited
$100 Min Deposit
9
  • Award-winning Cryptocurrency trading platform
  • 14 Cryptoassets available to invest in
  • FCA & Cysec regulated
$200 Min Deposit
9.8

Highly volatile unregulated investment products. No EU investor protection.

  • Over 100 different financial products
  • Invest from as little as $10
  • Same-day withdrawal is possible
$100 Min Deposit
9.8
  • The Lowest Trading Costs
  • 50% Welcome Bonus
  • Award-winning 24 Hour Support
$200 Min Deposit
9
  • Award-winning Cryptocurrency trading platform
  • $100 minimum deposit,
  • FCA & Cysec regulated
$100 Min Deposit
9.8
  • Trade top Cryptos such as Bitcoin, Litecoin and Ethereum plus more
  • Zero commissions and no bank fees on transactions
  • Around the clock service with support in 14 languages
$100 Min Deposit
8.5
  • Fund Moneta Markets account with a minimum of $250
  • Opt in using the form to claim your 50% deposit bonus
$250 Min Deposit
9
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.