Filecoin Price Update in Higher Timeframe.
FIL has been in a downtrend for a significant period, with occasional rallies. A notable high was reached in March 2024, followed by a substantial decline.
FIL has strong support around the $3-$3.5 range. This zone has acted as support multiple times, as shown by the price bouncing off this level.
According to the analysis, FIL has a higher probability of further decline (-30%). After that, a rebound is likely possible.
A decent buy range would be between $3-$3.5. A breakdown and close below this support range will be considered an invalidation point.
Note: This report is for educational purposes only and does not constitute financial advice.
Regards,
Team Dexter
#cryptocurrency
FIL has strong support around the $3-$3.5 range. This zone has acted as support multiple times, as shown by the price bouncing off this level.
According to the analysis, FIL has a higher probability of further decline (-30%). After that, a rebound is likely possible.
A decent buy range would be between $3-$3.5. A breakdown and close below this support range will be considered an invalidation point.
Note: This report is for educational purposes only and does not constitute financial advice.
Regards,
Team Dexter
#cryptocurrency
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Publications connexes
Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.