bullish

Uniswap

DeFi

Fantom (Migrated to Sonic)

Chainlink

<p>The post <a href="https://coinpedia.org/price-analysis/top-defi-tokens-to-buy-before-the-bull-run-begins-2/">Top DeFi Tokens To Buy Before The Bull Run Begins!</a> appeared first on <a href="https://coinpedia.org">Coinpedia Fintech News</a></p> 
<p>Amid the broader market turning bullish, the lack of confidence is evident, with Bitcoin struggling near $60K. However, the DeFi tokens are surprisingly ignoring the market noise as the smart money anticipates a bull run in the DeFi space.&nbsp;</p> 
<p>As the top DeFi tokens prepare for a breakout run with the ongoing reversal gaining momentum, here are the top choices to buy.&nbsp;</p> 
<h2 class="wp-block-heading" id="h-top-defi-tokens-to-grab">Top DeFi Tokens To Grab:&nbsp;</h2> 
<h3 class="wp-block-heading" id="h-fantom-ftm">Fantom (FTM)</h3> 
<p>With a bullish reversal from the $0.29 support level, <a href="https://markets.coinpedia.org/fantom/">Fantom </a>concludes the long-coming bearish trend. With the reversal run gaining momentum, the FTM price surpasses the 50D EMA. As the resistance trendline is formed by the lower high formations.&nbsp;</p> 
<figure class="wp-block-image size-large">
 <img decoding="async" width="1024" height="486" src="https://image.coinpedia.org/wp-content/uploads/2024/08/22141834/FTM-Price-Analysis-22-Aug-2024-1024x486.png" alt="FTM Price Analysis 22 Aug 2024" class="wp-image-341381" srcset="https://image.coinpedia.org/wp-content/uploads/2024/08/22141834/FTM-Price-Analysis-22-Aug-2024-1024x486.png 1024w, https://image.coinpedia.org/wp-content/uploads/2024/08/22141834/FTM-Price-Analysis-22-Aug-2024-300x142.png 300w, https://image.coinpedia.org/wp-content/uploads/2024/08/22141834/FTM-Price-Analysis-22-Aug-2024-768x364.png 768w, https://image.coinpedia.org/wp-content/uploads/2024/08/22141834/FTM-Price-Analysis-22-Aug-2024-1536x729.png 1536w, https://image.coinpedia.org/wp-content/uploads/2024/08/22141834/FTM-Price-Analysis-22-Aug-2024-150x71.png 150w, https://image.coinpedia.org/wp-content/uploads/2024/08/22141834/FTM-Price-Analysis-22-Aug-2024.png 1802w" sizes="(max-width: 1024px) 100vw, 1024px">
</figure> 
<p>The bullish reversal results in an uptick in the 50D EMA and forms a bullish engulfing candle with a 15% surge. Further, the DMI indicator shows a positive crossover in the VI lines and a potential bullish reversal in the ADX line.&nbsp;</p> 
<p>Hence, the rising momentum in Fantom teases a breakout rally at breakneck speed. With the next resistance at $0.49 or the 23.60% Fib level, a breakout run can help the <a href="https://coinpedia.org/price-prediction/fantom-ftm-price-prediction/">FTM price</a> hit the $0.62 supply zone. Hence, the upside potential in the DeFi token stands at 40%.&nbsp;</p> 
<h3 class="wp-block-heading" id="uniswap-uni">Uniswap (UNI)</h3> 
<p>In the 4-hour chart, the bullish reversal in the <a href="https://coinpedia.org/price-prediction/uniswap-uni-price-prediction/">UNI price</a> reveals a surge in underlying momentum. As the uptrend breaks above the 50 and 200 EMA in the 4-hour timeframe and the 50% Fibonacci level.&nbsp;</p> 
<figure class="wp-block-image size-large">
 <img decoding="async" width="1024" height="486" src="https://image.coinpedia.org/wp-content/uploads/2024/08/22141935/Uniswap-price-analysis-22-aug-2024-1024x486.png" alt="Uniswap price analysis 22 aug 2024" class="wp-image-341382" srcset="https://image.coinpedia.org/wp-content/uploads/2024/08/22141935/Uniswap-price-analysis-22-aug-2024-1024x486.png 1024w, https://image.coinpedia.org/wp-content/uploads/2024/08/22141935/Uniswap-price-analysis-22-aug-2024-300x142.png 300w, https://image.coinpedia.org/wp-content/uploads/2024/08/22141935/Uniswap-price-analysis-22-aug-2024-768x364.png 768w, https://image.coinpedia.org/wp-content/uploads/2024/08/22141935/Uniswap-price-analysis-22-aug-2024-1536x729.png 1536w, https://image.coinpedia.org/wp-content/uploads/2024/08/22141935/Uniswap-price-analysis-22-aug-2024-150x71.png 150w, https://image.coinpedia.org/wp-content/uploads/2024/08/22141935/Uniswap-price-analysis-22-aug-2024.png 1802w" sizes="(max-width: 1024px) 100vw, 1024px">
</figure> 
<p>In the last 24 hours, the UNI price has increased by 13% and is ready to surpass the $7 mark. Further, the momentum indicators showcase a bullish uprising in the MACD indicator.&nbsp;</p> 
<p>A bullish rally in the <a href="https://markets.coinpedia.org/uniswap/">Uniswap </a>prices showcases a potential surge to the 100% Fib level at $8.592. Optimistically, the uptrend can reach the 1.618 Fib level at $10.84.&nbsp;</p> 
<h3 class="wp-block-heading" id="chainlink-link">Chainlink (LINK)</h3> 
<p>With a potential end coming for the correction phase, the <a href="https://coinpedia.org/price-prediction/chainlink-price-prediction/">LINK price</a> teases a bullish trend in a falling wedge pattern. Further, with a rounding bottom reversal in the bull cycle, the LINK price shows a 14% surge, resulting in consecutive bullish candles.</p> 
<figure class="wp-block-image size-large">
 <img decoding="async" width="1024" height="485" src="https://image.coinpedia.org/wp-content/uploads/2024/08/22142041/Link-Price-Analysis-22-aug-2024-1024x485.png" alt="Link Price Analysis 22 aug 2024" class="wp-image-341383" srcset="https://image.coinpedia.org/wp-content/uploads/2024/08/22142041/Link-Price-Analysis-22-aug-2024-1024x485.png 1024w, https://image.coinpedia.org/wp-content/uploads/2024/08/22142041/Link-Price-Analysis-22-aug-2024-300x142.png 300w, https://image.coinpedia.org/wp-content/uploads/2024/08/22142041/Link-Price-Analysis-22-aug-2024-768x364.png 768w, https://image.coinpedia.org/wp-content/uploads/2024/08/22142041/Link-Price-Analysis-22-aug-2024-1536x728.png 1536w, https://image.coinpedia.org/wp-content/uploads/2024/08/22142041/Link-Price-Analysis-22-aug-2024-150x71.png 150w, https://image.coinpedia.org/wp-content/uploads/2024/08/22142041/Link-Price-Analysis-22-aug-2024.png 1802w" sizes="(max-width: 1024px) 100vw, 1024px">
</figure> 
<p>Along with the bullish crossover in the MACD indicator, the VI lines showcase a bullish crossover. Hence, the momentum indicators bolster the possibility of a bull cycle.&nbsp;</p> 
<p>Based on the increasing momentum of the reversal rally, the <a href="https://markets.coinpedia.org/chainlink/">Chainlink </a>price can reach the $16.75 mark post-breakout.&nbsp;</p>

Top DeFi Tokens To Buy Before The Bull Run Begins!

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