DeFI Coin Price Forecast- DeFI Coin Reveals Early Signs of a Bullish Reversal

Updated:

DeFI Coin Price Forecast- June 27

DeFI Coin price forecast calls for a rise in market price towards $0.2270.

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

DEFCUSD significant Levels:
Zones of supply: $0.2270, $0.2750
Zones of demand: $0.1470, $0.1100
DeFI Coin Price Forecast- DeFI Coin Reveals Early Signs of a Bullish Reversal
DeFI coin ascending market has swept the most recent high before the test of the demand level at $0.1100. This is a clear sign of a change in direction from bearish to bullish on the DeFI coin market.

DeFI Coin Price Forecast: Market Outlook

DeFI coin price action is showing multiple signs of a bullish reversal as the market has tested a demand zone at $0.1100. The market was already oversold at the test of the demand level. The demand level has prevented a further bearish move to the downside.


The medium-term Moving Averages (periods twenty and fifty) have crossed the long-term moving averages (periods eighty-nine and two hundred) to signify a new uptrend. All the Moving Averages are resting below the hourly candles to support bullish action.


The market has soared above the previous demand level at $0.1470. The bulls are expected to rally aggressively towards the highs at $0.1470.

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

DeFI Coin five-minute chart shows that the market has risen through a bullish channel. The 5-minute candles have rested on the supporting trend line. The Moving Averages are currently crossing below the candles.

DeFI Coin Price Forecast- DeFI Coin Reveals Early Signs of a Bullish Reversal
The lower time frame is also showing signs of bullish moves. The market is expected to break out of the ascending channel to rally towards $0.1470.

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.