TGF Premium ⭐ analyst75 Posted August 14, 2021 TGF Premium Share Posted August 14, 2021 DeFi Coin (DEFC) Price Analysis – August 14 After last month’s fall paused on the approach to daily cloud base and subsequent positive finish, the DEFC continues to consolidate its position in early August as recovery sustains, buyers are adding additional evidence to cement reversal. On July 31, the team said it will lock in DeFi Coin Liquidity for a one-year contract within 72 hours. Locking liquidity not only protects trade volume but also demonstrates a commitment to the DeFi Coin Protocol. Key Levels Supply Levels: $2.186, $1.500, $1.277 Demand Levels: $0.661, $0.500, $0.075 DeFi Coin (DEFC) 12-Hour Chart: Ranging The DeFi Coin (DEFC) will most likely rebound from the ascending trendline support around the $0.833 level before recovering to the $1.277 resistance level, according to the price most likely scenario. Alternatively, until a new fundamental catalyst arises to prompt a range breach, the DEFC could remain range-bound between $0.661 and $1.277. However, the positive relative strength index (RSI) price divergence in the coin is still extending up to $1.500. This raises the probability of the coin rallying to rise in the medium run. A notable entry for the DEFC will be on a bounce off the ascending trendline at $0.833 or on a reach of the horizontal support level at $0.661 if a short decline occurs. Source: https://deficoins.io/ Link to comment Share on other sites More sharing options...
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