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FIL / TetherUS

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FILUSDT trade ideas

#4 alt-coin to the bag before alt season 2024 (FILECOIN) When i started to put together a portfolio for 2024 i wanted to look for coins with high development, a good usecase or a reason for a good narrativ at least, and a good technical chart. FIlecoin er a coin is a coin that offers contract-based storage,and storage is a HUGE DEAL in a digital world based on data. Filecoin has a lot of DEVELOPMENT, GOOD USE CASE AND HIGH DEVELOPMENT. There is not many competitors in the space for filecoin, Arweave must be the only real competitor. Arweave offers permanent storage, while Filecoin offers contract-based storage. On Arweave, you pay a one-time upfront fee to permanently store your data. Once uploaded, it will never be deleted, and there are no hidden charges (egress fees) for when you need to retrieve and use your data. In my opinion there is a lot of coins that compete and filecoin is chinas answer to Arweave, in the same way NEO is chinas answer to Etherum. I dont want to pick country, but i will choose both ETH and NEO, Filecoin and arweave. That said FIlecoin look good right no, Filecoin added to the bag!
Long
by sivertbb
2
FIL is rebounding from the $3.03 support levelFIL is rebounding from the $3.03 support level. This level has acted as a critical point for supporting the price, and signs of a trend reversal may emerge here. However, the overall trend remains bearish, and the price must break key resistance levels to confirm a trend change. Support and Resistance Levels: $3.03 Support Level: This is the primary support level from which the price has bounced. Maintaining this level could indicate short-term price stability. $3.77 Resistance Level: This is the key resistance level, and if the price can surpass it, it may signal a trend reversal and the beginning of a new upward movement. $3.54 Support Level: This is the next support level where the price might fluctuate before reaching the resistance. Potential Scenarios: Breaking the $3.77 Resistance: If FIL can break through the $3.77 resistance, the price may move towards $4.00. This could confirm a trend reversal and the start of a new upward movement. Failure to Break Resistance: If the price fails to break the $3.77 resistance, it might return to the $3.03 support level, leading to further fluctuations or even declines.
by MonoCoinSignal
FILUSDT: Price Ranging Inside the BoxFILUSDT technical analysis update FIL's price has been ranging within a box for the last 825 days, repeatedly testing both the support and resistance levels of the box. Recently, the price touched the box support again and is now slowly bouncing from it. We can expect a bullish move from the current support level. The price could potentially increase by 500%-1000% from the current level, making it a good time to accumulate some FIL. Regards hexa
Long
by HexaTrades
FIL perp perfomance 7 months in 2024We have seen a sharp decline in altcoins recently. Including FIL. Looking at the whole process, FIL had a slight price increase and then fell again. What are the buying and selling points? With the S1-TM strategy, we had 74 closed orderss, with a net profit of ~81% (including commissions). This is quite acceptable for autotrade for this year. NOTE: This is my personal opinion on this strategy. This is not investment advice!!!. The market always has risks and opportunities. Please consider carefully before making any decision!
by steadforwardx
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 Buy Trade Idea: Leveraging Filecoin's Decentralized Storage Description Filecoin (FIL) is an attractive buy opportunity due to its strong fundamental framework and innovative approach to decentralized storage. As a decentralized storage network built on blockchain technology, Filecoin allows users to rent out unused storage space, creating a vast, reliable, and cost-effective cloud storage solution. The network's robust protocol incentivizes participants to contribute storage space while ensuring data security and redundancy. With growing demand for decentralized data solutions, Filecoin's ability to offer scalable, secure, and efficient storage services positions it as a key player in the future of data storage. Investing in FIL taps into this transformative potential in the evolving digital storage landscape. Disclaimer Trading and investing in cryptocurrencies involve significant risks and can result in substantial losses. The content provided here is for informational purposes only and should not be considered financial advice. Always conduct your own research, consider your risk tolerance, and consult with a financial advisor before making any investment decisions. Past performance is not indicative of future results, and the value of investments can fluctuate widely.
Long
by MoonTradingForecast