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Defy Coin Price Prediction: August 31st
Defi Coin remains bullish after breaking above $0.07500 and is in a downward correction. The price action is characterized by a small body of indecisive candlesticks. The coin fell into the oversold market territory.
DEFC price statistics data:
DEFC price now – $0.07085
DEFC market value – 825,335 dollars
DEFC Revolving Supply – 11,674,835.00 DEFC
Total provision of DEFC – $7,085,499
DEFC Coinmarketcap Rank – #5815
Key steps:
Supply Zones: $0.3000, $0.4000, $0.5000
Interest Zones: $0.0760, $0.0730, $0.0700
DEFCUSD Long Term Trend: Bullish (1-Hour Chart)
On the 1-hour chart, Defi Coin is trading above the moving average lines. Buyers boosted the coin to $0.07800. The bulls tried $0.07800 twice but failed to break above it. The coin is returning to the support above the moving average lines. If the price finds support above the moving average lines, the upward movements will continue. If the price breaks below the moving average lines, the downtrend continues.
DEFCUSD Medium-Term Trend: Bullish (15-minute chart) – Retracement above $0.07500
On the 15-minute chart, DEFCUSD is down between the moving average lines, but remains bullish after confirming above $0.07500. If the price holds above the 50-day line SMA, the altcoin is forced into a range-bound move. When the moving average lines are breached, the coin continues the trend. crypto is below the daily stochastic 80% range. It indicates that the market is at a high speed.
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