DeFi Coin Price Prediction – June 14
The Defi Coin price may likely roll upside if the buyers increase their price action, the $0.2751 resistance level, will be retested and $0.3270 may be the target.
Resistance levels: $0.2750, $0.2850, $0.2950
Support levels: $0.1950, $0.1850, $0.1750
DEFCUSD Long-term Trend: Bearish (4H Chart)
The market price of DEFCUSD at a $0.1536 low level is seen below the moving averages as the 4-hourly session opens today.
The price action is capable of rising further to $0.2751 and beyond, a further downward is unlikely at the moment as the momentum indicator shows the price is oversold therefore traders can buy the coin at a cheaper rate.
Therefore, we expect the price distribution of DEFCUSD to reach the $0.3270 significant level in the days ahead in its long-term perspective.
DEFC USD Medium-term Trend: Bearish (1H Chart)
DEFC May Reach $0.2751 High-Level Soon
DeFi Coin in the previous hours has been in consolidation at $0.1536 below the moving averages as the 1-hourly chart opens today.
The selling pressure on the currency moves the price action to $0.1512 thereafter as the sellers moved into the market.
The currency pair will reach the $0.2751 high level soon as the stochastic indicator is in the oversold region, meaning that the bulls are about to set in to take us high to the $0.3270 resistance level in the days ahead in the medium-term view.