DeFI Coin Price Forecast:DeFI Price Will Hit $0.07160 after its  Retesting

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DeFI Coin Price Forecast: October 13

The DeFi Coin price forecast suggests that DEFC has provided buyers with the right entry for more buy trades. The price of the coin dropped to $0.6780 in a move to bring in a wider volume of buy trades that will drive prices higher again. 

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


Significant Levels

Supply Zones: $0.07660, $0.07160
Demand Zones: $0.07240, $0.06780

DeFI Coin Price Forecast:DeFI Price Will Hit $0.07160 after its  Retesting

The DEFCUSD market has been moving in a stepwise manner, retesting the price level at 0.06960 since the middle of August. DEFI price has again returned to this price level to make yet another retest.

DeFI Coin Price Forecast: Market Outlook

The Parabolic SAR (Stop and Reverse) indicator shows that the market is currently moving in favour of the bulls. The indicator currently lay below the recently formed candles.

The SuperTrend indicator, like the Parabolic indicator, indicates that the DEFCUSD market has gone bullish after turning green below the new candles.

The Simple Moving Average indicator, during period 9, headed down to mark its place below the bullish pips after the price had significantly made a retrace up. Period 21, also captures this same motion, signaling that the market is finally in for another bullish phase.

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

The 15-minute chart shows that the DeFI price is halfway into breaking it into the price level at $0.07160. The Parabolic SAR indicator is indicating a very strong bullish run. 
DeFI Coin Price Forecast:DeFI Price Will Hit $0.07160 after its  RetestingThe Simple Moving Average indicator also maintains its support of the market’s bullish run this time. With these indications, and the pace at which the market has been moving, DEFC can be expected to have another bullish zone soon.

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.

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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.