It is trading above 50 and 100 Moving Average on the daily chart. The 50MA red line is at the value of $40.54, making it temporary support for the coin. The price has given a positive crossover on FEB 25,2021. The price has also seen a positive rally after the crossover.FIL price jumped around 160% after the crossover
The recent rally in the Filecoin can also be termed as the effect of buying of FIl by the Gray scale and other institutional investor.If the buying continues then a rally upto $150 can be seen.
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The recent rally in the Filecoin can also be termed as the effect of buying of FIl by the Gray scale and other institutional investor.If the buying continues then a rally upto $150 can be seen.
Kindly like and follow us
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.