Filecoin (FIL) was able to benefit very well from the positive developments in Bitcoin and has recently pumped almost 20%. We are currently stabilizing at the USD 6.44 mark.
However, we are now at a crucial zone on the 4H chart. Directly above us is a resistance zone where we have been rejected several times.
We also tested the 200 EMA. Trading volume has softened a bit lately, but we only see signs of bearish divergence on the 1H chart. Nevertheless, a short-term cooling would be good.
The daily chart looks a little more relaxed. Here we still have a lot of room in the RSI and the trading volume has increased as it bottomed out. This is a good sign.
Nonetheless, we should sustainably break above the resistance zone and the Daily-EMA Ribbons before we can get any more hope for a pump.
If we can do that, we can relatively push into the $7.50 – $8.00 area as we have no resistance in between. This would also pair well with the monthly resistance P.
My Top Picks
Honeygain - Passive earner that pays in BTC or PayPal
MandalaExchange -The Best no KYC crypto Exchange!
BetFury - Play And Earn BFG for daily Bitcoin and ETH dividends!
Pipeflare - Faucet that pays in ZCash and Matic, Games pay in DAIWomplay - Mobile dApp gaming platform that rewards in EOS and Bitcoin
Cointiply - The #1 Crypto Earning Site
Torum - Join the latest Social Network and earn TRM for Free!LiteCoinPay -
The #1 FaucetPay earner for LitecoinLBRY/Odysee - YouTube Alternative that lets you earn Money by viewing videos!FaucetPay - The #1 Microwallet PlatformFREEBTC - The #1 FaucetPay earner for Satoshi'sFaucetCrypto - An earning/faucet site that pays out instantly
FireFaucet - An earning site that pays better for some than Cointiply
DogeFaucet - Dogecoin Faucet
xFaucet - BTC, ETH, LTC, Doge, Dash, Tron, DGB, BCH, BNB, ZEC, FEY - Claim every 5 minutes
Konstantinova - BTC, ETH, LTC, Doge, Dash, Tron, DGB, BNB, ZEC, USDT, FEY, 25 Claims Daily
Comments
Post a Comment