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18 April 2021

Unifi (UNIF), StaFi (FIS) and Dego see triple-digit gains afer DeFi listings

Unifi (UNIF), StaFi (FIS) and Dego see triple-digit gains afer DeFi listings


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If the bulls can flip this previous resistance to support, it will signal strength and increase the possibility of a resumption of the uptrend.

If the bears sink the price below $32.50, the UNFI/USD pair could drop to the 20-day exponential moving average at $28.35.

A strong bounce off the 20-day EMA will suggest the bull trend remains intact, but a break below it will indicate the likelihood of a deeper correction.

If the bulls do not give up much ground from the current levels, the FIS/USD pair will once again try to resume the uptrend.

On the contrary, if the bulls can pull the price below $3, the pair could correct to the 20-day EMA ($2.53).

If the price rebounds off this support, the bulls will once again try to resume the uptrend.

But if the bears sink the price below the 20-day EMA, the pair may drop to the 50-day simple moving average ($1.75).

The DEGO/USD pair remains in a strong uptrend and that has pushed the RSI above 85, which suggests the rally may be overheated in the short term.

If the price turns down from the current level, the pair could drop to $5.

If the bulls can flip this level to support, the pair may attempt to resume the uptrend and rally to $8.

On the other hand, if the price breaks below $4.50, it could trap several aggressive bulls and that may pull the price to the 20-day EMA ($3.72).

A rebound off this support will be a hint that bulls are continuing to buy on dips.

The buyers will then try to drive the price above the $5 overhead resistance.

Contrary to this assumption, if the bears can sink the price below the 20-day EMA, it could signal a possible change in trend.

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