Filecoin Price Prediction for Today, November 02: FIL Decreases to $4.8 Level
Join Our Telegram channel to stay up to date on breaking news coverage Bears are dominating Filecoin market FILUSD Price Analysis – November 02 In case bears technically break down the support level of $4.8, Filecoin may decrease to $4.0 and $3.6 support levels . In case the bearish momentum is weak, bulls may gain momentum and price increase to $5.7, $6.1 and $7.2 resistance levels . FIL/USD Market Key Levels: Resistance levels: $5.7, $6.1, $7.2 Support levels: $4.8, $4.0, $3.6 FIL/USD Medium-term Trend: Bearish FIL/USD is bearish in the long-term outlook. Filecoin has been fallen since August 01. The bears dominate the market in which many support levels have been turned to resistance level. All attempts made by the buyers to push the coin upwards has been proved abortive. Support level of $7.2, $6.1 and $5.7 penetrated downside and price found support at $4.8 level. Filecoin is trading below 21-periods EMA and 9-periods EMA which connote that the bears are dominat...