DeFI Coin Price Forecast- DeFI Coin Makes a Bullish Reversal in a Major Demand Level

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DeFI Coin Price Forecast- July 5

DeFI Coin price forecast is bullish. The market is rising to fill up the market inefficiency formed due to the surge towards the major demand level at $0.1100.

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

DEFCUSD significant Levels:
Zones of supply: $0.1590, $0.1460
Zones of demand: $0.1210, $0.1100
defi coin price foreastDeFI coin has initiated a new buy-side delivery of the market with a bullish structural market shift. The market has reversed at the $0.1100 demand level to cover up the fair value gap in the market.

DeFI Coin Price Forecast: Market Outlook

DeFI coin’s bullish run was initiated on the 19th of June with a bullish structural market shift. The market created a large range of sell-side inefficiencies towards the demand zone at $0.1100. The market ascended after a change of character above $0.1210. This led to a series of higher highs and lows that led to the supply level at $0.1460.

The market has created buy-side liquidity resting above $0.1590. There was resistance at $0.1590, which led to a structural market shift. The market descended towards demand levels. There was short-term consolidation from the 29th of June to the 2nd between $0.1460 and $0.1210. This led to a liquid sweep before a displacement to $0.1160.

The Moving Averages period nine has crossed the Moving Average period twenty-one to the upside. The market is currently in a rally to fill up the market inefficiency.

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

On the 5-minute chart, the market is rising through a bullish channel. The market has almost filled the area of inefficiency.
DeFI Coin Price FORECASTThe market is expected to seek liquidity from previous highs. The market is likely to rally to $0.1460.

 

You can purchase DeFi Coin here: Buy DEFC

NoteLearn2.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.