CRYPTO TOTAL DEFI MARKET CAP BOUNCE OFF 200MA WEEKLY
Hello, dear HODLers, especially DEFI HODLers!
This is **TOTALDEFI CRYPTOCAP** on the weekly timeframe. The 200MA has acted as support for 18 weeks, and this week has pushed the level to a new high compared to the last 18 weeks. If the current week closes at this level and confirms a new high, we may see new resistance levels being tested—but more on that when the time comes.
I strongly believe in DEFI, so my bias is very bullish. That said, I strive to provide unbiased information, so I recommend taking my analysis on this with a pinch of salt.
Tomorrow’s weekly close will bring more updates.
Stay safe and humble, and enjoy the weekend!
This is **TOTALDEFI CRYPTOCAP** on the weekly timeframe. The 200MA has acted as support for 18 weeks, and this week has pushed the level to a new high compared to the last 18 weeks. If the current week closes at this level and confirms a new high, we may see new resistance levels being tested—but more on that when the time comes.
I strongly believe in DEFI, so my bias is very bullish. That said, I strive to provide unbiased information, so I recommend taking my analysis on this with a pinch of salt.
Tomorrow’s weekly close will bring more updates.
Stay safe and humble, and enjoy the weekend!
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