DeFI Coin Price Forecast: DeFI Coin Reveals Signs of Bullish Reversal

Azeez Mustapha

Updated:

Unlock Daily Forex Signals

Select a Plan

£39

1 - month
Subscription

Select

£89

3 - month
Subscription

Select

£129

6 - month
Subscription

Select

£399

Lifetime
Subscription

Select

£50

Separate Swing Trading Group

Select

Or

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
Checkmark

Service for copy trading. Our Algo automatically opens and closes trades.

Checkmark

The L2T Algo provides highly profitable signals with minimal risk.

Checkmark

24/7 cryptocurrency trading. While you sleep, we trade.

Checkmark

10 minute setup with substantial advantages. The manual is provided with the purchase.

Checkmark

79% Success rate. Our outcomes will excite you.

Checkmark

Up to 70 trades per month. There are more than 5 pairs available.

Checkmark

Monthly subscriptions begin at £58.


DeFi Coin Price Forecast – June 13

DeFi Coin Price forecast is anticipating a bullish structural shift.

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

DEFCUSD significant Levels:
Levels of resistance: $0.5640, $0.4950
Levels of support: $0.1530, $0.9660
DeFi Coin Price Forecast: Defi Coin Reveals Signs of Bullish ReversalThe DEFCUSD coin increased in value rapidly on the 4th of May. The market was oversold before the shoot-up of DEFCUSD. The market ascended to $0.5640 after facing resistance at $0.4840. The bullish rally was extremely volatile for the two consecutive days that the value of the DeFi coin increased.

DeFI Coin Price Forecast: Market Outlook

The supply level at $0.5640 resulted to the retracement on DeFi after the expansion. The Relative Strength Index signified that the market was already over-bought. This resulted in a bearish market reversal at the $0.5640 supply zone.

The market dipped below the resistance level at $0.4840. A selloff was triggered at the retest of the key level at $0.4840. The market consolidated between the resistance level at $0.4840 and the support level at $0.1530.

The small-sized candles have revealed the drop in the market volatility since the retracement began. The market is currently at a discount below the 0.786 level on Fibonacci. The bulls have the opportunity to go long at very cheap prices.

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

The market is very close to the $0.1530 demand level. The demand level is at a deep discount for the buyers.

DeFi Coin Price Forecast: Defi Coin Reveals Signs of Bullish Reversal
A bullish reversal is anticipated at the support level. The price is expected to pump towards $0.4840 major level.

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
  • Award-winning Cryptocurrency trading platform
  • $100 minimum deposit,
  • FCA & Cysec regulated
$100 Min Deposit
9.8
  • 20% welcome bonus of upto $10,000
  • Minimum deposit $100
  • Verify your account before the bonus is credited
$100 Min Deposit
9
  • Over 100 different financial products
  • Invest from as little as $10
  • Same-day withdrawal is possible
$250 Min Deposit
9.8
  • The Lowest Trading Costs
  • 50% Welcome Bonus
  • Award-winning 24 Hour Support
$50 Min Deposit
9
  • 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.

Leave a Reply

Your email address will not be published. Required fields are marked *