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Filecoin

Filecoin / FIL & FVMFilecoin rose sharply on Friday but why? The jump fueled social media excitement about the blockchain’s March 1 launch of its Filecoin Virtual Machine aka FVM, a software platform that will introduce smart contracts and enable developers to design decentralized applications on the Filecoin network.the coin’s price jumped from $5.4 at 10:00 UTC to a high of $8 at around 5 22:00 UTC. Filecoin announced that it will launch smart contracts in Mar'23, making it a fully-fledged L1. FIL rose by 23% in 24 hours. There are currently 3,785 active miners on the Filecoin network, storing 18.767 EiB of information, and staking 134,023,969 FIL. The price of FIL is $9.19 today with a 24hour trading volume of 1.2 billion dollar. This represents a 22% price increase in the last 24 hours and a 80% price increase in the past 7 days FIL saw an increase in open interest rate, denoting increased demand and bullish sentiment in the futures market. next targets for Fil are 9.5 and 9.9$ and stop loss at 8$
Long
by moonypto
21
FIL will see bottom before moving up#FIL/USDT #Analysis Description --------------------------------------------------------------- + After a recent bounce, the price is again heading towards the support zone. We will enter a long trade only after the price rebounds from this zone. + This will provide ample confirmation that the price is moving in the right direction. --------------------------------------------------------------- VectorAlgo Trade Details ------------------------------ Entry Price: 4.384 - Candle close above this Stop Loss: 2.233 ------------------------------ Target 1: 6.207 Target 2: 8.386 Target 3: 10.983 Target 4: 19.638 Target 5: 33.338 Target 6: 66.76 Target 7: 113.00 ------------------------------ Timeframe: 1W Capital Risk: 1-2% of trading amount Leverage: 5-10x --------------------------------------------------------------- Enhance, Trade, Grow --------------------------------------------------------------- Feel free to share your thoughts and insights. Don't forget to like and follow us for more trading ideas and discussions. Best Regards, VectorAlgo
Long
by VectorAlgo
5
FILUSDT: 350% Potential Rally.Hello everyone, I’m Cryptorphic. For the past seven years, I’ve been sharing insightful charts and analysis. Follow me for: ~ Unbiased analyses on trending altcoins. ~ Identifying altcoins with 10x-50x potential. ~ Futures trade setups. ~ Daily updates on Bitcoin and Ethereum. ~ High time frame (HTF) market bottom and top calls. ~ Short-term market movements. ~ Charts supported by critical fundamentals. Now, let’s dive into this chart analysis: Here's a recent update on #FIL. #FIL has recently reached down to the lower support range, dropping as low as $3.250. With the current price at $3.95, it has formed decent support ranging between $2.9 and $3.4, with an all-time low of $2.419. Considering the past rallies, #FIL has shown decent pumps while respecting the support line. In the coming altseason, #FIL will likely show similar moves with a higher profit percentage. - Lower Support: $2.9 to $3.4 - All-Time Low: $2.419 - Long-term Target: $14 DYOR, NFA. Please hit the like button to support my content and share your thoughts in the comment section. Feel free to request any chart analysis you’d like to see! Thank you! #PEACE
Long
by Cryptorphic
Filecoin FIL price, when will you come to life?)Such a dinosaur of the crypto market as #Filecoin, with the fundamentals and functionality that not only the crypto world but humanity as a whole needs, somehow looks extremely underestimated. Or maybe we don't understand something and the project is dead ❓) I would like to believe that this long accumulation of #FILUSDT in the range of $3-10 will eventually give a powerful upward move. At least to make #Fil worth $35, not even $235 like on ATH) By the way, a similar situation and accumulation was previously seen on the #LinkUSDT chart, check out how it worked 👇
by P_S_trade
9
SasanSeifi 💁‍♂ Daily Analysis with Key Support Zones🔻 Hey there, Let's take a look at the daily timeframe of BINANCE:FILUSDT . As you can see, the price has been on a downtrend since the $11 zone. Currently, after some minor fluctuations, it has been rejected from the 200 EMA and is trading around $5.50. The price is more likely to move downwards. If it consolidates below $5.35, we can expect a further correction toward the SELL SIDE LIQUIDITY and the $4 demand zone. Key support levels are $4 and $3.50. There is a higher probability of a positive reaction from the $4 demand zone. In case of a correction, we need to see how the price reacts. The potential trend is also highlighted in the chart above. Additionally, if the $4 zone breaks down, the $3.50 correction target can be considered. Remember, this is just my personal analysis, not financial advice. Do your own research and make informed decisions. Happy trading!✌😎 Sure, if you have any more questions or need further clarification, feel free to ask. I'm here to help!✌ if you found my analysis helpful, I would appreciate it if you could show your support by liking and commenting. Thank you!🙌
Short
by SasanSeifi
FIL: trade in low cycle📊This price action analysis is from the analysis team of Ahmadarz Academy. 🚦In the four-hour time frame, I found a trading range formed by a bullish reaction with good volume candles from the bottom of this trading range. $5 support and $6.70 resistance 🔛According to this trend, I see the market as bullish, and I even expect it to go above the support ceiling of $6,800. Currently, we consider the risk-to-reward to be 4, which is the ceiling of the current trading range. 💎Entry strategy: To enter this trade, I tried to find the last trading range in the one-hour time frame and wait for it to break through the ceiling to give me confirmation of the ascent, and in the pullback, I try to check the first candlestick that confirmed my entry. and put a limit position on the same one in the upward direction. Entry and exit signal: ⬅️Entry: $6,095 🔴Stop Loss: $5,955 🟢Targets: $6.217 - $6.376 - $6.525 - $6.686 ⚠️Please note that this analysis is the opinion of the Ahmadarz Group team and is not an investment proposal, so follow the capital management because Ahmadarz Group is not responsible for your profits and losses. 🚀Please boost and💬 comment to share your thoughts with us!
Long
by ahmadarz
Has Fil Coin's upward trend started ?It is observable that we are in an ascending triangle. In the previous two instances, the price has moved from the support trendline to the resistance trendline. If this happens again, can we expect a 300% increase in the next 100 days? What would you like to see happen? For the first target after breaking the $6.26 range on the daily timeframe, we can consider $8. I will explain in the next updates how we can proceed. Please note that the final target is in the range of $20.5 to $22.5. This chart is just my analysis and I never give financial advice. You are the decision maker and you should do your own research.
BINANCE:FILUSDLong
by Crypto-Oracle1
2
Filecoin (FILUSD): Preparing for a Gap Fill - Levels to WatchFor Filecoin (FILUSD), we are currently looking at a scenario where there is a Weekly Fair Value Gap above us. We are quite confident that this gap will be filled; the only question is when. We believe there is a potential good entry point at the current levels. Below us, we have several supports. The first support is a 12-hour demand zone. Additionally, we have an Order Block Cluster and a simple support zone. These levels, combined with a favorable volume profile, should provide enough momentum and support for an upward move. Our primary target is the Weekly Fair Value Gap close. Once this target is reached, we will reassess the situation to determine whether the price will continue upwards or face a sell-off. This reaction will guide our next positioning. For now, our strategy is to aim for the gap close and position ourselves accordingly. Additionally, when we examine the Liquidation Heatmap for Filecoin, we notice several liquidations above our current level, specifically between $6.35 and $6.65, just above the recent high. This indicates two possible scenarios: Liquidations Triggered and Pullback: We might move up to trigger these liquidations, then experience a deeper pullback. Liquidations Triggered and Continuation Upwards: Alternatively, we might fill our current support levels and then move upwards towards these liquidations. If these liquidations are absorbed, we could either shoot through and continue upwards, or we might pull back after triggering them, leading to a potential continuation to the downside. It's important to be aware of these scenarios. Given that there are few liquidations below the current level, we do not expect significant downward wicks or deep pullbacks. Looking at Filecoin on the VWAP chart, we observe a sideways movement where the price repeatedly moves up and down but always returns between the 2024 Q1 VAL and the 2023 Q4 VAH. These two levels appear to be holding as our current range. We expect a small pullback, supported by the 2024 Q2 VAL and the 2023 Q4 VAH. These should act as our support zones on the VWAP chart. On the upside, our target is the 2024 Q1 VWAP at $7.70. Above this level, we anticipate resistance around $9.32. This analysis suggests a short-term strategy of buying at the support levels and targeting the identified resistance points.
Long
by freeguy_by_wmc