Filecoin (FIL) and VeChain (VET) investors rush to buy into Flasko presale

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Timeline of Filecoin, , Vechain

It isn't easy to break free from a bear's clutch, but Filecoin (FIL) has its ways. FIL price performing well despite the bearish grip Price retreats by 8.06% RSI, CMF showing selling edge and bearish behavior By putting a stop to the heightened selling activity, FIL was able to bounce back from the $5-mark.

Disclaimer: The findings of the following analysis are the sole opinions of the writer and should not be considered investment advice. By refuting the long-term selling spree, Filecoin [FIL] picked itself from the ashes of the $5-level.

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 price analysis shows that the FIL/USD pair has gained a tremendous value in the recent past and is currently trading at $6.44. The price action is likely to continue in the near future as the support present at $5.71 is very strong.

VeChain price analysis shows that the price of VET/USD has followed a strong upwards trend in the last 24 hours. The price has continued a positive movement, increasing significantly, barely shying away from the $0.025 mark.

While long-standing projects like Filecoin (FIL) and Helium (HNT) revolutionized the world of data storage and transfer in the blockchain and crypto space, many found it tough to relate to the offerings of these projects.

According to VeChain pricing analysis, VET prices have been moving sideways over the last few days. VET prices moving sideways as seen in the past few days  VeChain price fluctuating in the $0.02 and $0.027 range VET price is down by 0.5% Nevertheless, because the prices have been trading above the crucial support level of $0.02412, there has been a minor bullish bias in the prices.

VET price has picked up nicely within the last 24 hours to register impressive price gains based on the recent Vechain Price Analysis. The price increase is supported by the technical price analysis conducted as the trading price is expected to continue upward based on the new chart reading explained below.

Ledger, the hardware and software security company focused on crypto and Web3, recently revealed that they've integrated Filecoin into Ledger Live Desktop. Ledger explained that Filecoin is powering a “decentralized” Internet “where storage is owned and operated by its users.

Vechain price analysis indicates that VET prices have been following a sideways trend for the past few days. However, there has been a slight bullish bias to the prices as they have been trading above the $0.02412 key support level.