Article • 9 months ago

Filecoin's Uptrend Stalls as Resistance Holds Strong

Filecoin

Summary

Filecoin's uptrend has been stopped by a crucial resistance level on the higher timeframes.
The price has formed a range between $4.33 and $5.47, with the mid-range acting as recent resistance.
Technical analysis indicates that the momentum has shifted bearishly, with the RSI falling below 50 and the On-Balance Volume declining.

Source: https://ambcrypto.com/filecoin-value-drops-5-in-last-7-days-can-the-descent-continue/

📣 Related news

Article • 3 months ago

Filecoin Price Analysis: Bulls Eye Significant Upward Momentum

Filecoin's price surge shows signs of a bullish trend, with a potential 30% upswing looming. Technical indicators suggest a breakout is imminent.

Filecoin

3 months ago

Article • 9 months ago

Filecoin (FIL) Price Surges Over 25% in 24 Hours, Emerging as Top Gainer in Cryptocurrency Market

Filecoin's price surges by 25% in just 24 hours despite market fluctuations, pointing towards a potential trend reversal.

Filecoin

9 months ago

Article • 10 months ago

Filecoin Faces Resistance at $5.7, Bitcoin's Performance Impact

Filecoin (FIL) faces resistance at $5.7, despite increased volume and value. A bearish outlook suggests a potential pullback to $4, while Bitcoin's price decline could also impact FIL.

Filecoin

10 months ago