Filecoin Price Prediction: It May Bounce Up at $4.88 Support Level
Bulls may dominate Filecoin market FILUSD Price Analysis – October 14 When Filecoin successfully break down the support level of $4.86, price may decrease to $4.04 and $3. 64 support levels . In case the bearish momentum is weak, bulls may gain momentum and price increase to $6.15, $7.20 and $7.98 resistance levels. FIL/USD Market Key Levels: Resistance levels: $6.15, $7.20, $7.98 Support levels: $4.88, $4.04, $3.64 FIL/USD Medium-term Trend: Bearish FIL/USD is bearish in the long-term outlook. Filecoin could not continue a bullish trend it commenced last two weeks. The cryptocurrency was under the bullish control . The price increased to $10.63 resistance level with strong bullish pressure. Sellers gained more pressure and push the price down towards $4.88 support level. Former support levels like $7.20 and $6.15 have turned to resistance levels. The coin is trying to penetrate support level of $4.88. Filecoin is trading below 21-periods EMA and 9-periods EMA which c...