DeFi Coin Price Prediction – September 27
The Defi Coin is positive today. The coin might remain in that direction if the bulls could add more effort and the price closes above the $0.09500 supply level, the coin might further extend to a $0.2000 high level and beyond.
Key Levels:
Resistance levels: $0.08500, $0.08600, $0.08700
Support levels: $0.07200, $0.07100, $0.07000
DEFCUSD Long-term Trend: Bullish (4H Chart)
Defi Coin price is in a bullish market at the moment. Further, the coin is trading above the moving averages making higher highs and moving towards the upper resistance area.
The buy traders made a strong push with a long candle to the $0.08344 resistance level above the moving averages as the 4-hourly chart opens today which indicates an intraday growth and more gains for the buyers.
The interference from the sellers now dropped the price down to a low at $0.08254 value above the two EMAs; this means that the price of DEFCUSD is still at the disposal of the buy investors. Staying above the moving averages makes the bulls capable to influence the price tendency.
In addition, the coin market may likely continue in the same trend as the bulls are clustered around the market which is in the overbought region. We can therefore expect the crypto to hit a high at the $0.2000 level soon as we watch the bulls dictating the market in its higher time frame.
DEFCUSD is showing a more bullish impact in its lower time frame. The bulls are having the market at their disposal at the moment. However, a high retest to the breached $0.07806 supply suggests strength in bullish momentum.
The buyers made an aggressive move up with a long bullish candle to the $0.08344 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 $0.2000 resistance level might be reached soon in its lower time frame.
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