Search results for: filecoin

As the overall sentiment finally skewed away from the fear zone, Cardano rose above all its EMA ribbons. But it showed resistance at its three-month Point of Control. Further, although the near-term technical indicators of GALA and Filecoin affirmed the bullish vigor, they also hinted at slightly decreasing buying power on account of the overboughtContinue reading “Cardano, GALA, Filecoin Price Analysis: 08 February”

Decentralized storage platform Filecoin has not had a brilliant run on the charts in the past few months. Since October, it has shed nearly 72% in value, from $80 to $22.3 at press time. It had hinted at the beginning of a downtrend in late September and has slid steadily lower on the charts sinceContinue reading “With steady gain in the past two weeks, should you invest in Filecoin’s short-term bullishness”

The bulls had a lot of work to do to sustainably reclaim their lost support levels over the past week. They needed to infuse funds on increased volumes to stall the swift downturn. While changing the perception seemed like a mammoth task, Bitcoin Cash and Filecoin saw new lows on 24 January. MANA bears, onContinue reading “MANA, Bitcoin Cash, Filecoin Price Analysis: 24 January”

Bitcoin’s 2.9% jump over the past few hours opened up recovery chances for the altcoin market. The king coin still needs a convincing close above its 4-hour 20-SMA. Accordingly, Tezos and Filecoin defended their crucial supports and saw marginal recoveries.  Meanwhile, Cardano slowed down while its CMF fell below the zero line.   Cardano (ADA) ADAContinue reading “Cardano, Tezos, Filecoin Price Analysis: 19 January”

While the market sentiment still struggles to flip the long-term bearish tendencies, Binance coin, Filecoin and CRV flash bearish near-term technicals. Now, the buyers needed to step in and retest the immediate hurdles and prevent a further breakdown.  Binance Coin (BNB) The 5 January sell-off fueled BNB’s existent bearish vigor as the alt broke downContinue reading “Binance Coin, Filecoin, CRV Price Analysis: 18 January”

As market leaders paved the recovery path, Cardano crossed its 4-hour EMA ribbons while flipping the $1.2-mark as support. Also, Algorand and Filecoin managed to flip their near-term SMA’s from resistance to support while reclaiming crucial price levels. However, it may be too harsh to assume a solid trend reversal until the bulls marked aContinue reading “Cardano, Algorand, Filecoin Price Analysis: 13 January”

Keeping the squabbles about the broader sell-off aside, ETH managed to keep its long-term 61.8% Fibonacci support intact. However, it still needed a compelling close above the 20 SMA on increased volumes to make way for a possible recovery. Filecoin, on the other hand, continued its bearish outlook while staying below the 20-50-200 SMA. ICP flashedContinue reading “Ethereum, ICP, Filecoin Price Analysis: 11 January”

As the crypto fear and greed index saw a 14 point plunge in the last 24 hours, the fear sentiment surged. Thus, on account of a broader sell-off, Ether and Filecoin dropped below their 20-50-200 SMA.  The king altcoin lost the vital $4,000-mark while Terra lost the 23.6% Fibonacci support.  Ethereum (ETH) Ethereum lost theContinue reading “Ethereum, Terra, Filecoin Price Analysis: 29 December”

The last few days have seen several bullish efforts to initiate recovery on the charts. As a result, XRP saw a sustained rally and hit the $1.01-mark. Filecoin and EOS too have been in the green zone over the last two days. However, the Crypto Fear and Greed Index is still flashing the  ‘fear’ sentiment.Continue reading “XRP, Filecoin, EOS Price Analysis: 23 December”

BNB tested the $532.8-mark after facing strong resistance while Filecoin formed a descending triangle. Their near-term technicals flashed bearish bias. Waves, on the other hand, displayed mixed signals. Binance Coin (BNB) Over the past few days, BNB formed an up-channel as the bulls endeavored to retest the $532.8-mark after breaching it for a day onContinue reading “Binance Coin, Filecoin, Waves Price Analysis: 18 December”

The creation and sale of NFTs have turned out to be a lucrative segment of the cryptocurrency industry. Notably, several of these tokens are valued at millions of dollars, and buyers are scrambling to get a hold of original pieces. In fact, many blockchains have managed to capitalize huge gains amidst this mania. Decentralized storageContinue reading “Surpassing 7 million NFTs in storage, the ‘pace is only accelerating’ for Filecoin”

The broader crypto market pumped over the past week. Top coins like Bitcoin, Etheruem and BNB have recorded upticks in the 10%-20% bracket and in effect, the global crypto market cap also managed to climb to new highs. In the same weekly time window, however, a couple of alts haven’t really fared that well. FilecoinContinue reading “Here’s why Filecoin investors can look forward to increasing returns in the long run”