Table of Contents
What is Defi Technologies Stock?
Defi Technologies stock (ticker symbol deftf) is an Over-the-Counter (OTC) stock that does not trade on traditional exchanges like NASDAQ, NYSE, and others. It trades only on the OTC markets.
The company behind it is Defi Technologies Inc. which is a technology company based in Canada. The company is known for giving its investors decent exposure to decentralized finance products and Exchange Traded Products (ETP). By doing so, it provides the investors an amalgamation of the traditional capital markets, on one hand, and web3 technologies such as Defi, on the other.
Who is the CEO of Defi Technologies?
Olivier Roussy Newton is the co-founder and CEO of deftf.
What is the Current Deftf Stock Price?
Currently, the price of the deftf stock is:
Defi Technologies Stock Price Prediction
In this analysis, we are going to do the deftf stock price prediction based on Moving Average and RSI indicators. We shall do both the short-term and long-term predictions for both bullish and bearish scenarios.
Defi Technologies Stock Price Prediction based on Moving Averages
Short-Term Prediction On a 1-Hour Chart
For predicting the short and long-term price of the stock, we plot 50 and 200 Moving Averages on a 1-hour and 1 -Day chart respectively on TradingView.
Bullish Price Prediction
As we can see on the chart below, there is immediate resistance at $2.45 (recent swing high). Also, 50 MA, which is a dynamic resistance, is currently at $2.88 and the price might get rejected here). Then there is a major resistance at $3.00 (which forms the previous support) as well as another dynamic resistance formed by 200 MA at $3.07.
If deftf price breaks above this major resistance, it would signal a trend reversal. But for that to happen, it will require a strong momentum. If the price can reach the $2.88 position again, we can expect the price to fill the gap towards $3.00-$3.07 (or $ 3.10, which is the psychological level being a round number).
But on the flip side, if Defi Technologies stock fails at $2.45, it may happen that the price tries to revisit the recent low of $2.16.
Defi technologies stock prediction: With strong momentum can make the stock reach the $3.00-$3.10 level. If this level is also broken, you can expect the stock to reach higher targets like $3.50-$3.60.
Bearish Price Prediction
At present, the 50 MA is below the 200 MA, which indicates that the stock is bearish in the short term with the possible downside target of the previous low of $2.16. This can be the next support level.
At present, the stock price is trading below both 50 MA and 200 MA. If the price bounces back from $2.16 with strong volume or crosses back above 50 MA, it would be a short-term buy opportunity. But now, as the price is well below both the MAs, it indicates that sellers are under control. But the recent bounce from the lows also indicates that the buyers are trying to step in, so you can expect a retest of 50 MA. A rejection could lead to another drop.
Also, as 50 MA @ $2.88 becomes a dynamic resistance and the price approaches this level, it may struggle to break through without strong volume.
Mid-Term Prediction On a 1-Day Chart
200 MA for Defi Technologies Stock on a one-day chart is at $2.06, which can be a long-term support level. There is previous support at $1.50, which aligns with a previous major low. 50 MA is at $3.00 and forms the immediate resistance if the price bounces. Range $3.37-3.75, which are previous swing highs act as strong resistance zones.
If the price bounces back from 200 MA with good volume, it will strengthen the bullish reversal case. But if this bounce fails at $2.06, the next stop for the price would be bearish at $1.50, and breaking below that could trigger a downside. At present, as the price is below both the MAs, a breakout above 50 MA is first needed to confirm bullish movement.
Long-Term Prediction via Fibonacci Extension
If the momentum continues for long -term, the Defi Technologies stock price prediction indicates that the price can touch the Fibonacci extension level of 0.786, i..e $4.11.
Defi Technologies Stock Price Prediction based on RSI
Short-Term Prediction On a 1-Hour Chart
For predicting the short and long-term price of the stock, we plot RSI (14 day period) on a 1-hour and 1-Day chart respectively on TradingView.
As we can see, RSI on a 1-hour chart is at $33.01, which is just above the oversold territory of 30 and is still in the bearish zone. This signals that deftf bearish momentum is weakening and a bounce might be around the corner. RSI has crossed above its MA, which is also an early bullish signal and suggests that the momentum of the stock is shifting in the up direction.
Bullish Price Prediction
On the chart, we can see the recent swing high of $2.45 and also observe that $2.65 forms the price at which deftf struggled to break and also bounced before the sharp breakdown, which means it was a support level that can now be the resistance.
The price tried to stabilize at this point but could not do so and sellers stepped in at this point. The uppermost yellow line @$2.80 shows a stronger resistance zone while the price had another peak before which downtrend started. If RSI moves upwards, buyers may push the price towards the nearest resistance, which is at $2.45, with an extension to $2.65. Therefore, the short-term bullish case would be around $2.40-$2.60. If RSI breaks above 40, momentum will turn bullish.
Bearish Price Prediction
If RSI turns back down from the 30-35 zone, it would mean a bearish momentum and could push the price lower. As we can see in the chart, the price dropped to $2.10-$2.15 zone, which is the most recent low and a potential support level. 2.10 is the psychological level where buyers can step in. If RSI stays weak or turns back down, it is possible that the price could test at a point closer to $2.10.
Defi Technologies Stock Buy or Sell Signals for Short-Term
Buy Signal: If RSI goes above 40 and the price breaks $2.40, it could mean a reversal. The ideal buy zone would be around $2.15-$2.20, which forms the nearest support. You should look for this price to hold this level, with RSI either stabilizing or rising. A higher low on price and RSI rising above 40 would be the confirmation for buy.
Sell Signal: If the price fails to break above $2.40 and the RSI remains weak, a price breakdown would likely happen in this case. The ideal sell zone would be $2.15-$2.40 (if the price struggles here). If the price gets rejected here and RSI also starts falling below 40, it would be a sell confirmation.
Mid-Term Prediction On a 1-Day Chart
On the 1-day chart, stocks are in a strong downtrend but it is also near an oversold zone which means a potential bounce or reversal could soon come.
Bullish Price Prediction
If RSI goes above 40, the price could rise to $2.60-$2.80 (or $2.50-$3.38). A break above 2.80 could signal a run around $3.50-$3.60 ($3.76).
Bearish Price Prediction
RSI below 70, the stock would be oversold but it can stay that way in a downtrend. If the price loses support around $2.10-$2.15, it could fall further to $1.80-$1.50 (which is a psychological zone).
Defi Technologies Stock Buy or Sell Signals for Mid-Term
Buy Signal: IF the RSI crosses above 30 and breaks above its MA (@48.23), it could be a buy signal.
Sell Signal: If the price struggles to reclaim $2.40 and the RSI falls below 40, sellers could be dominating and it could be a sell signal.
Long-Term Prediction On a 1-Week Chart
Bullish Price Prediction
There is support at @2.17, which is also historical support and was tested several times. Also, there is a strong resistance zone around $3.50-$3.70. Therefore, deftf stock price prediction says that it could reach $3.50-$3.70 by mid or late 2025 if RSI hovers around the 65-70 zone. This is because RSI touching 70 aligns with the past local tops, and the price could test the resistance zone.
A long-term Defi Technologies stock prediction can be around $5-$6 by 2026. If the price breaks above $3.73 on a high volume and the RSI is in the overbought zone, it would send a euphoric signal among buyers. If momentum continues like this and RSI can hold near 70, the price could further climb to $7.50-$8 by 2027-2028.
Bearish Price Prediction
Deftf long-term bearish prediction: At $2.17, there is immediate support. The price could go to $1.20-$1.50 if it fails at $2.17 support and RSI reaches the 40-45 level. This is because RSI reaching 40 aligns with historical local bottoms and potential retests of the support. The price could further fall to $0.50-$1.00 if it is in an extended bear market by 2026, and RSI is in the oversold zone of 30-35; in the recent past, when RSI sank below 35, it eventually formed a solid bottom.
Defi Technologies Stock Buy or Sell Signals for Long-Term
Buy Signal: If RSI crosses 50 from below, it would be near the support level, i.e. $2.17 or $1.50.
Sell Signal: If RSI is hovering around the overbought zone of 70, and the price is near resistance ($3.73), it would be a strong sell signal indicating a potential reversal.
Final Verdict
Defi Technologies stock price prediction is around $3.00-$3.07 for the short-term and $4.11 for the long-term based on Moving Averages. Based on RSI and Fibonacci, short-term prediction is around $2.40-$2.60, mid-term prediction is $3.50-$3.60, and long-term prediction is $5-$6.
For further guidance on a buy and sell, click here.
Where to Buy Defi Technologies Stock?
Defi Technologies stock is an Over-The-Counter(OTC) stock. It means that it does not trade on any centralized exchanges like NASDAQ or NYSE. Instead, it trades on the OTC markets. An OTC market is a decentralized, less regulated market where companies not listed on domestic exchanges, crypto tokens, digital assets, and penny stocks can trade.
If you are looking for markets where you can buy defi technologies stock, you can look for an OTC market called OTCQB, which is a mid-tier market in the US and is designed for early-stage or still-developing companies that can pass minimum listing requirements. On QTCQB, you can buy and sell deftf just like other stocks.
How do I Invest in Defi Technologies?
To invest in Defi Technologies, you need to trade on the OTC markets like OTCQB. There are a number of popular brokers that support OTC markets on their platform. To buy deftf, you can choose from:
- Interactive Brokers
- ETrade
- Fidelity
The process for buying DEFTF is almost the same on all these broker platforms:
- Select a broker and go to its website.
- Create an account with the selected broker. You will be asked to enter your personal information and upload a government-issued ID like a passport and driver’s license. Fill in your tax details (SSN or tax ID). Answer the questions, if any, regarding your income and trading experience.
- Link your bank account with the broker and deposit the required funds. Look for any other minimum requirements. Since deftf trades on OTCQB, you will require to enable OTC trading on broker platforms if not already enabled. For example, if you open an account on Interactive Brokers, you will need to go to Account Setting – Trading Permissions and then to the Enable OTC stocks option. For Etrade, the OTC option is auto-enabled for eligible accounts.
- Search for the “deftf” symbol on the chosen platform and start your trading journey.
FAQs
What is Defi Technologies Inc?
Defi Technologies Inc. is a public trading company that provides its investors an opportunity to trade on both the traditional capital markets as well as the markets with decent exposure to decentralized finance and digital assets. The company invests in Exchange Trading Products (ETPs), blockchain protocols, and defi infrastructure.
What is the ticker symbol of Defi Technologies Inc.?
Defi Technologies Inc. is listed on multiple platforms with different ticker symbols:
Cboe Canada: The ticker symbol is DEFI
OTC Markets (USA): The ticker symbol is DEFTF
Frankfurt Stock Exchange: The ticker symbol is R9B
What is the Defi technologies stock prediction for the short and long term?
Defi Technologies Stock Price Prediction is around $3.00-$3.07 for the short-term and $4.11 for the long-term based on Moving Averages. Based on RSI and Fibonacci, short-term prediction is around $2.40-$2.60, mid-term prediction is $3.50-$3.60, and long-term prediction is $5-$6.
Where to Buy Defi Technologies stock?
Deftf stock can be purchased on OTCQB, an OTC market.
How do I invest in Defi Technologies Stock?
To invest in Defi Technologies stock, you need to open an account with a broker (Interactive Broker, Etrade, Fidelity, etc.) and then enable OTC markets on these platforms.
Disclaimer
This article is for informational purposes only and is NOT a financial advice. We do not promote, in any form, any cryptocurrencies or tokens mentioned herein. The content of this article is based on the information available up to the knowledge. You should be aware that investing in any cryptocurrency is subject to market risk and you MUST do your own due diligence (DYOR) before you put any money in any of the coins.