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Defi Coin Price Forecast: November 26
DEFC price has fallen to $0.05395 as it rebounds to $0.06245. The cryptocurrency has recovered from its recent low of $0.06245. As it recovers from its prior low, the coin is anticipated to keep moving upward.
DEFC Price Statistics Data:
DEFC price now – $0.06247
DEFC market cap – $730,397
DEFC circulating supply – 11,674,835.00 DEFC
DEFC total supply – $6,247,361
DEFC Coinmarketcap ranking – #6047
Key Levels:
Supply Zones: $0.3000, $0.4000, $0.5000
Demand Zones: $0.0760, $0.0730, $0.0700
DEFCUSD Long-Term Trend: Bullish (1-hour chart)
DEFC rebounded on November 23 and 26, when the altcoin traded in the bullish trend zone. As long as buyers maintain the bullish momentum above the moving average lines, the current bullish momentum will remain. The coin has since entered the overbought area of the market. The coin is struggling in the overbought area and has just touched a high of $0.06245. The overbought state of the market, however, might not last in a market with a strong trend. After breaking through the initial resistance level, DEFCUSD will start moving once more.
DEFCUSD Medium-Term Trend: Bullish (15-Minute Chart)
DEFCUSD is on the 15-Minute Chart as it rebounds to $0.06245. On November 29, the coin had a vertical rally which led to a high of $0.06245. The coin is retesting the overbought region as it fluctuates below the resistance zone. The uptrend will resume if retraces and holds above the 21-day line SMA. The altcoin is below level 20 of the daily stochastic. It implies that buyers will be attracted to the oversold region to push prices upward.
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Source: https://insidebitcoins.com/news/defi-coin-price-prediction-for-today-november-26-defc-surges-ahead-after-it-rebounds-to-0-06245