Filecoin [FIL] investors should read this before taking any position
After dwindling for over eight months, Filecoin (FIL) bears have denied any trend-modifying privilege to the buyers. With the current market structure undeniably being conducive for the sellers, the bears have entered into a price discovery to find newer lows.
FIL |
$ 5.942
|
Timeline of Filecoin
Filecoin price analysis: FIL enters bullish zone after a period of brief bearish run - Cryptopolitan
Filecoin price analysis shows a negative market trend set for FIL prices after a period of a bearish run. Support for Filecoin prices is set at the $10.60 level after a bearish run seen in the market before prices corrected themselves.
Filecoin price analysis: FIL holds above $13 amid a bearish run - Cryptopolitan
Filecoin price analysis shows that the price of FIL/USD has followed a clear downtrend since hitting a high of $21.68 on April 19th. The cryptocurrency has lost over 50% of its value since then and is currently trading at $13.65.
Filecoin price analysis: FIL expected to break below support at $13.6 - Cryptopolitan
Filecoin price analysis shows that the price of FIL/USD has followed a declining trend in the last 48 hours. The price has shifted towards an antagonistic movement, decreasing significantly, dropping from the $15.8 mark.
Decoding factors detrimental to Filecoin's [FIL] short-term recovery - AMBCrypto
Filecoin (FIL) has lost most of its value in the last year since its April 2021 highs. In the last month, bulls finally managed to flip the six-month trendline resistance (white, dashed) to immediate support.
NEAR, Monero, Filecoin Price Analysis: 27 April - AMBCrypto
Bitcoin's reversal from its 4-hour 200 EMA at $42K pulled the world's largest digital asset back toward the $38,000 mark. As a result, the wider market saw 24-hour retracements that led NEAR, Monero and Filecoin's RSI to drop toward the oversold mark.