- Filecoin crypto is still looking bullish, as trying to hold its major moving averages of 20, 50, 100, and 200-Day lines.
- The crypto asset over chart is looking strong despite a major dip from the higher levels, and we can see a good recovery if it sustains above major DMA.
- The pair of FIL/BTC is trading with solid growth at 0.001933 BTC with intraday gains of +3.99%, and the ratio of FIL/ETH is CMP at 0.02579 ETH with intraday gains of -3.67%.
Filecoin crypto at the monthly chart is still looking positive, although after a significant dip from higher levels. At the same time, the volume on the chart has increased in recent days and jumps above the average line. The crypto asset over the monthly chart is trying to hold its major moving averages of 20, 50, 100, and 200-DMA lines.
While, if successfully manages to sustain above all DMA lines, we can soon see substantial recovery in upcoming trading sessions. At the same time, the coin witnessed strong buying interest from lower levels, helping bulls grip the counter. Support on the lower side is at $73.10 and $67.60, whereas resistance on the higher side is $99 and $120.
Filecoin crypto at the weekly chart is trying to recover from lower levels
Filecoin crypto at the weekly chart is trying to recover from lower levels and project bullish momentum in upcoming trading sessions. Whereas, after a sharp dip, the coin is now trying to get stable at lower levels and getting ready for a short-term bounceback. Volume activity at the 4-hour time frame is slightly increased but still needs to grow further. Presently, the Cardano coin is trading at $89.90 with an intraday gain of +3.92%, and the volume to market cap ratio is at 0.3099.
Relative Strength Index (BULLISH): Filecoin crypto RSI is trying to rebound after reaching the oversold zone. In contrast, the RSI is heading towards the higher zone and trying to bounce back from current levels, and now CMP is at 47.
Moving Average Convergence Divergence (NEUTRAL): The daily chart indicates a neutral with an upcoming bullish trend at the 4-hour time frame. At the same time, the seller’s line (orange) and the buyer’s signal line (blue) are at the point for positive crossover.
Support levels: $73.10 and $67.60
Resistance levels: $99 and $120.