DeFi Index Is Extending Higher

DeFi Index is extending higher within an ongoing five-wave bullish impulse from technical and Elliott Wave perspective.

Image Source: Pexels


We talked a lot about ALTcoins and DeFi Index, we also shared many articles in the past months. Here is the latest one from November 11.

DeFi tokens are nicely extending higher and we can see index still trading in a projected wave 3 of (3), just be aware of some wave 4 pullback around March 2024 highs before the uptrend for wave 5 of (3) resumes.

(Click on image to enlarge)

DeFi Index Is Extending Higher DeFi Index Daily Chart

DeFi Index Daily Chart


For more analysis like this, you may want to watch below our latest recording of a live webinar streamed on Monday December 02 2024:


More By This Author:

Dash Has Bottomed And It's Turning Bullish As Expected
Coffee Is Getting Expensive
Silver May Face More Weakness After A Corrective Rally

Comments