Bidya logo
  Crypto Coin Prices and News  
on the top crypto coins and  
over 21,000 coins and tokens  
Cap | Volume | High | Low | Old | New | Rare | Vs | Blockchains | Exchanges | Market | News | Dev News | Search | Watchlist
CRYPTO NEWS DESK — 2022-09-03

TA- Filecoin (FIL) Price Bounces Back On Track As Price Eyes $10


Filecoin (FIL) has recently shown significant strength against tether (USDT) as the price prepares for a rally to the $8 mark. Despite showing some strength occasionally, the price of Bitcoin (BTC) remains volatile as this has affected FIL.


TA- Filecoin (FIL) Price Bounces Back On Track As Price Eyes $10

Filecoin (FIL) has recently shown significant strength against tether (USDT) as the price prepares for a rally to the $8 mark. Despite showing some strength occasionally, the price of Bitcoin (BTC) remains volatile as this has affected FIL. Filecoin (FIL) has struggled to break through the $5 barrier, but it may now be poised to do so. (Data from Binance)
Filecoin (FIL) Price Analysis On The Weekly Chart  FIL prices have dropped from around $240 to $4, with the price struggling to stay afloat during the bear season. The price of FIL has recently shown a glimmer of hope, rising from around $4 to $6 as more buyers invest in this coin.
FIL price saw a weekly low of $5 before rebounding to $6.5 before encountering resistance to breaking above. The price of FIL remains above $6 because it has proven to be of interest to buyers.
The price of FIL has risen from this region to $6.5, as the price appears promising, with good volume coming in ahead of the new weekly close. If FIL maintains this volume as the week comes to a close, the price of FIL could face its first major resistance at $8.
Weekly resistance for the price of FIL - $8.
Weekly support for the price of FIL - $5.
Price Analysis Of AXS On The Daily (1D) Chart Daily FIL Price Chart | Source: FILUSDT On Tradingview.com After falling to a daily low of $5, the price of FIL on the daily chart bounced off this area as it formed good support, rallying to a region of $6.5 with a good volume of buyers ahead of the daily and weekly closes.
For the price of FIL to break above the current resistance level of $6.5, it must maintain its bullish structure with more buy orders.
FIL trades $6.49 below the 50 and 200 Exponential Moving Averages (EMA). The prices at $6.8 and $14, which correspond to the 50 and 200 EMA, will keep the price of FIL from rising further.
Daily (1D) resistance for the FIL price - $6.5, $8.
Daily (1D) support for the FIL price - $5.
Price Analysis Of FIL On The Four-Hourly (4H) Chart Daily FIL Price Chart | Source: FILUSDT On Tradingview.com The price of FIL in the 4H timeframe has remained bullish after bouncing off support at $6.4 and rallying to $6.49.

— jamesobande of NewsBTC - Bitcoin & cryptocurrency news today, price & technical analysis

Keywords: Technical Analysis, FIL Price, Filecoin (FIL), FILUSDT



Topics:
     

More Crypto News:
- Bitcoin Drops to 3-Month Low Below $25,000, Where to Next?
- Ripple Vs. SEC Outcome Instrumental for Coinbase, Binance Lawsuit: Lawyer
- Cosmos (ATOM) Jumps Over 12% In One Day As Market Recovers

Previous Article | METIS vs MASK | A-Z | Topics | ISO 20022


Privacy | Terms | Contact | Powered By


bidya