DEFC Is in a Positive Move as It Rebounds to $0.07944 High

Defi Coin Price Prediction for Today, October 29: DEFC Is in a Positive Move as It Rebounds to $0.07944 High
Defi Coin Price Prediction for Today, October 29: DEFC Is in a Positive Move as It Rebounds to $0.07944 High

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Defi Coin Price Forecast: October 29
DEFC is in an uptrend as it rebounds to $0.07944 high. Due to its ability to draw customers at a lower levels of price, DEFC is in an uptrend. The cryptocurrency is approaching the high of level $0.08927. However, the current uptrend has reached the overbought region.

DEFC Price Statistics Data:
DEFC price now -$0.07914
DEFC market cap – $928,746
DEFC circulating supply – 11,674,835.00 DEFC
DEFC total supply – $7,941,066
DEFC Coinmarketcap ranking – #6817

Key Levels:
Supply Zones: $0.3000, $0.4000, $0.5000
Demand Zones: $0.0760, $0.0730, $0.0700

DEFCUSD Long-Term Trend: Bearish (1-hour chart)

Since October 25, Defi Coin has continued to rebound as it reached the high of $0.07850. The crypto’s price is making a series of higher highs and higher lows. The altcoin is rising as it broke the initial resistance at $0.7889. The next target resistance is the high of level $0.08927. Meanwhile, the current uptrend has reached the overbought region. It is doubtful if the current push will continue. The value of the cryptocurrency asset is above the daily Stochastic’s 80% range. This implies that the market has reached the overbought region.

DEFCUSD Medium-Term Trend: Bearish (15-Minute Chart) – It Rebounds to $0.07944 High

The cryptocurrency has experienced a big positive move on the 15-Minute Chart as it rebounds to $0.07944 high. The price ranges with the lowest prices are more likely to draw buyers. Additionally, buyers have emerged in the oversold region of the market to push prices upward.

Defi Coin Price Prediction for Today, October 29: DEFC Is in a Positive Move as It Rebounds to $0.07944 High
DEFCUSD – 15 Mins Chart

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Source: https://insidebitcoins.com/news/defi-coin-price-prediction-for-today-october-29-defc-is-in-a-positive-move-as-it-rebounds-to-0-07944-high