DeFi Coin Price Prediction – August 15
The Defi Coin price may likely reverse provided the buyers don’t give up and increase their momentum pressure in the market. The coin might turn upsides further to a $0.1500 high level and beyond.
Key Levels:
Resistance levels: $0.1360, $0.1460, $0.1560
Support levels: $0.1300, $0.1200, $0.1100
DEFCUSD Long-term Trend: Bullish (4H Chart)
DeFi Coin is having a bullish posture trading above the moving averages in its long-term outlook, which means that it’s in a bullish trend zone.
The current price of the pair at a $0.1369 high level above the two EMAs as the 4-hourly session opens today indicates an uptrend in the context of the strength of the market. This gives room for a more bullish impact on the market.
Hence, there is a tendency for the coin to rise further, if the support level holds, this will enable the buyers to take the price up to a high of $0.1500 soon in its long-term perspective.
DEFCUSD Medium-term Trend: Bullish (1H Chart)
DEFCUSD is showing a more bullish pressure impact in its lower time frame. The bulls have the market at their disposal at the moment.
The buyers made an aggressive move up with a long bullish candle to the $0.1369 resistance level above the EMAs shortly after the 1-hourly chart opens today. This however makes it capable for the coin to rise further.
Trading above the moving averages will enable the market value of DEfi Coin to keep pushing up. Therefore, if the bulls should add more aggression to their activities in the market, the $0.1500 resistance level might be reached soon in its lower time frame.
