Don’t invest unless you’re prepared to lose all the money you invest. This is a high-risk investment and you are unlikely to be protected if something goes wrong. Take 2 minutes to learn more
Filecoin’s price action has ramped up significantly today. Consequently, price action in this market has the right standing to attain a higher price level. And considering signs emanating from technical indicators, it’s more likely that prices in this market extend their upside move.
FIL Statistics
FIL Value Now: $4.53
Fillecoin Market Cap: $2,081,862,342
Filecoin Circulating Supply: 433,557,235 FIL
FIL Total Supply: 1,962,043,086
Filecoin CoinMarketCap Ranking: 30
Major Price Levels:
Top: $4.53, $4.90, and $5.20
Base: $4.32, $4.00, and $3.70
Filecoin Price Action Eyes the $5.00 Price Mark
As a result of today’s price pump in Filecoin’s market, this coin has broken above the $4.50 region. Also, it can be seen that this token has significantly extended the price correction that started on the 12th of June.
The lowest price candle on this chart has convincingly placed price action above the 9- and 21-day Moving Average (MA) lines. This has increased the chances of price action approaching the short-term resistance at $4.60.
Furthermore, the Relative Strength Index (RSI) indicator lines maintain an upward bearing even after reaching the oversold region. This shows that price action still has some bullishness to meet more upside expectations.
FILUSDT Price Movements Stay Consistent with Upside Focus
Sliding to a smaller FILUSDT time frame, which could help us detect any inconsistencies or more short-term developments, it could be seen that price action in this market retains a good outlook.
Price action has been around the 9-day MA curve since about five trading sessions ago. At this point, the RSI curves are still rising steadily into the overbought region from above the 60 mark of the indicator.
Also, the ongoing session has witnessed a significant price increase. The last price candle is sitting above the 9- and 21-day MA lines even on this 4-hour market, revealing that price action is still on its way to the upside toward $5.00.
- Broker
- Min Deposit
- Score
- Visit Broker
- Award-winning Cryptocurrency trading platform
- $100 minimum deposit,
- FCA & Cysec regulated
- 20% welcome bonus of upto $10,000
- Minimum deposit $100
- Verify your account before the bonus is credited
- Over 100 different financial products
- Invest from as little as $10
- Same-day withdrawal is possible
- Fund Moneta Markets account with a minimum of $250
- Opt in using the form to claim your 50% deposit bonus
Learn to Trade
Never Miss A Trade Again
Signal Notification
Real-time signal notifications whenever a signal is opened, closes or Updated
Get Alerts
Immediate alerts to your email and mobile phone.
Entry Price Levels
Entry price level for every signal Just choose one of our Top Brokers in the list above to get all this free.
