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Weekly forecast Filecoin technical chart
Symbol FILUSD

Trading suggestion:

  • By appearing primary signs of entering the market, new entry zone and short-term targets would be published.

DateMay 28, 2023 - 10:35
Currentrange bound
Forecastcontinuation of downtrend

Midterm forecast:

  • While the price is below the resistance 6.439, continuation of downtrend is expected.
  • We make sure when the support at 2.420 breaks.
  • If the resistance at 6.439 is broken, the short-term forecast -continuation of downtrend- will be invalid.

Technical analysis:

  • While the RSI downtrend #1 is not broken, bearish wave in price would continue.
  • A peak is formed in daily chart at 6.435 on 04/15/2023, so more losses to support(s) 4.216 and minimum to Major Support (2.420) is expected.
  • Price is below WEMA21, if price rises more, this line can act as dynamic resistance against more gains.
  • Relative strength index (RSI) is 44.

Symbol Released Current Forecast
Filecoin (FILUSD) Sat, 1 Jun 2024
Filecoin (FILUSD) Sun, 26 May 2024
Filecoin (FILUSD) Mon, 20 May 2024
Filecoin (FILUSD) Sun, 12 May 2024
Filecoin (FILUSD) Sun, 5 May 2024