Cryptocurrency Prices today, Charts And Market Capitalizations |Ty gia Coin logo Cryptocurrency Prices today, Charts And Market Capitalizations |Ty gia Coin logo
Cryptopolitan 2021-09-18 07:26:08

Filecoin Price Analysis: FIL bears take charge below $86 mark

TL;DR Breakdown Filecoin price analysis is showing bearishnessFIL/USD declined below $86Filecoin is likely to retrace further to set a higher low. Filecoin price analysis is bearish today as the market has returned below the $86 resistance after setting a slightly higher high. Therefore, we expect FIL/USD to see further downside over the next 24 hours and set another higher low. The cryptocurrency market traded with slight losses over the last 24 hours. Bitcoin saw a decline of 0.52 percent, while Ethereum gained 4.26 percent. Meanwhile, Avalanche (AVAX) is the best performer, with a gain of 21 percent. Filecoin price movement in the last 24 hours: Filecoin starts to retrace below $86 FIL/USD traded in a range of $82.51 – $90.59, indicating strong volatility over the last 24 hours. Trading volume has increased by 11.27 percent and totals $1.62 billion, while the total market cap trades around $9 billion, ranking the coin in 22nd place overall. FIL/USD 4-hour chart: FIL looks to set higher low? On the 4-hour chart, Filecoin price action continues to drop over the past hours as bears look to set a higher low. FIL/USD 4-hour chart. Source: TradingView Filecoin price action traded with strong volatility over the past weeks. After a strong rally to the $120 resistance initially, with a gain of 70 percent, further upside could not be reached on the 7th of September. FIL/USD saw a strong reversal back to the $70-$75 support area ove...

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