Defi Coin Price Forecast: The DEFCUSD Price Is Prepared to Move
Login

Defi Coin Price Forecast: The DEFCUSD Price Is Prepared to Move Past Its Consolidation Phase

Estimated Reading Time: 2 minutes
Article Rating:
Based on 1 vote
Login to rate this article.

Azeez Mustapha

Updated:

DeFI Coin Price Forecast: September 21

The DeFi Coin price forecast confirms that the DEFC price is again on the rise after the retest of the $0.07200 level. The momentum generated by the retest has led to a swift rise through the closest supply and demand zones.

DEFCUSD Long-Term Trend: Bullish (1-Hour Chart)

Significant Levels:
Supply zone: $0.07950, $0.07390
Demand zone: $0.07470, $0.07120 DeFI Coin Price Forecast: The DEFCUSD Price is Prepared to Move Past Its Consolidation Phase There has been strong contention since the 19th of the month between the buyers and sellers, causing a range between $0.07400 and $0.07500 price levels. The DEFC price value is now ready to leave this phase, as the bull takes the upper hand in the fight.

DeFI Coin Price Forecast: Market Outlook

The Parabolic SAR indicator shows an impressive bullish market. The swift rise from the $0.07200 level is expected to continue after the market corrects upward from the consolidation phase it is in at the moment.

The Moving Average (MA) period 15 agrees that the market’s uptrend is holding on well. The MA’s period 30 indicates support for the market’s recent bullish move.

On the 31st of August, the DEFCUSD market initiated the formation of a bullish channel. Ever since the low that formed at $0.07000 on the 7th of the month, there have been new higher lows that have formed successively. This implies that the market is in a long position.

DEFC Medium-Term: Trend Bullish (15-Minute Chart)

The DEFC price, while trying to enter the demand zone-turn-restriction zone, experienced consolidation. However, the Parabolic SAR (Stop and Reverse) shows that the market is gradually leaving this phase. DeFI Coin Price Forecast: The DEFCUSD Price is Prepared to Move Past Its Consolidation Phase The MA periods 15 and 30 are also in support of this position. Both of these MA’s lengths attest to the stability of this uptrend.

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.

  • 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

Learn to Trade

Never Miss A Trade Again

step 1
Signal Notification

Real-time signal notifications whenever a signal is opened, closes or Updated

step 2
Get Alerts

Immediate alerts to your email and mobile phone.

step 3
Entry Price Levels

Entry price level for every signal Just choose one of our Top Brokers in the list above to get all this free.

Share with other traders!

telegram
Telegram
forex
Forex
crypto
Crypto
algo
Algo
news
News