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DeFi: DEFC/USD Ready to Touch $0.35



DeFi BitcoinSignals Analysis Cryptocurrency Tuesday, May 31, 2022

Degree DeFi Coin Cost Prediction – May 31

However, if the bulls increase their encouragement and penetrate the degree of resistance at $0.35, then the cost would skyrocket to the cross above the preeminent boundary of the channel.

DEFC/USD Long Term Trend: Range (4hr chart) Key Levels: Resistance Levels: $0.38, $0.40, $0.42 Support Levels: $0.30, $0.28, $0.26 DEFCUSD DeFi Coin Cost Prediction – DEFC 4hr Chart /USD is poised to rise as the currency builds for a recovery above the 9 and 21 day moving averages.


DeFi Coin Cost Prediction: DEFC will surge higher as the next support levels could be located at $0.30, $0.28 and $0.26 respectively. However, if the cost breaks above the $0.35 degree, the market may experience an uptrend that could touch the resistance degree at $0.36 or higher. As much, the cost of the DeFi coin will start to rise, as the coin shows potential resistance levels of $0.38, $0.40 and $0.42. The technical indicator's relative strength index (14) is moving above degree 40, which indicates a bullish move for the currency.


DEFC/USD Medium-Term Trend: Range (1H Chart) According to the 4-hour chart, the cost of DeFi Coin will experience increasing volume along with a bullish rally, will start to fix the gain significantly on the upside. On the other hand, the bears have a chance to turn severe with more losses for the new consumers. facing upward displacement. DEFCUSD – 1 hour chart The DeFi Coin cost prediction is consolidating, if the bulls increase their encouragement, the cost would shoot higher. DEFC/USD is likely to pull back a bit if the currency breaks below the 9-day moving average; can get the support at $0.32 and below.




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Tron(TRX) Becomes 3rd Largest TVL DeFi Blockchain

Tuesday, May 31, 2022

TRX remains relentless in its attempt to maintain an uptrend despite the broader bearish bias. The cryptocurrency is currently hovering around a high of $0.0830 after an overnight rally from $0.0780 to $0.0840. This bounce is created after TRX touched the unbroken trend line from May throughout the decrease in trading volume.


Cardano could break range at $0.5 - May 30

Monday, May 30, 2022

Cardano is at Relative Strength Index degree 33 for time frame 14. Altcoin is in downtrend area and approaching to the oversold zone. Cardano (ADA) bear cost is in a downside correction as it breaks today's support at $0.57. On the other hand, the trading pressure will resume if ADA breaks away from the moving average.


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