Filecoin Price Prediction for Today, July 5: FIL/USD Keeps Trading Around $4.6 Level ByAzeez MustaphaPRO INVESTOR Updated: 06 July 2023 DisclosureWe sometimes use affiliate links in our content, when clicking on those we might receive a commission – at no extra cost to you. By using this website you agree to our terms and conditions and privacy policy. Don’t invest unless you’re prepared to lose all the money you invest. This is a high-risk investment and you should not expect to be protected if something goes wrong. Join Our Telegram channel to stay up to date on breaking news coverage The Filecoin price prediction shows that FIL is pushing strongly through the $5.0 resistance but could fall below the moving averages. Filecoin Prediction Statistics Data: Filecoin price now – $4.6 Filecoin market cap – $2 billion Filecoin circulating supply – 433.5 million Filecoin total supply – 1.9 billion Filecoin Coinmarketcap ranking – #30 FIL/USD Market Key Levels: Resistance levels: $6.00, $6.20, $6.40 Support levels: $3.00, $2.80, $2.60 FILUSD – Daily Chart FIL/USD begins a fresh increase from the $4.32 support zone as the price continues to rise above the 9-day and 21-day moving averages; it is likely for the crypto to accelerate higher if it breaks above the upper boundary of the channel. Filecoin Price Prediction: How Far Can FIL/USD Go? Currently, the Filecoin price is trading at $4.61 after adding 1.50% to its value on the day. The strength of the coin is opening the door for a massive recovery movement targeting $5.0. Meanwhile, from a technical perspective, FIL/USD is capable of tackling the hurdles toward the upside as the Relative Strength Index (14) remains above 60-level. Nonetheless, it seems like the bulls may aim for a clear break above the $5.00 and $5.20 levels in the coming sessions. If they are successful with the break, the resistance levels of $6.00, $6.20, and $6.40 may come into play. In the event a reversal ensues, traders could be alert for critical support levels at $3.00, $2.80, and $2.60 respectively. Against Bitcoin, the Filecoin price heads toward the upside as the coin trades at 1525 SAT and expects another break above the upper boundary of the channel. Looking at the daily chart, traders can see that the bulls are dominating the market and the next resistance level may come at 1900 SAT and above. FILBTC – Daily Chart Meanwhile, on the downside, a possible bearish movement could bring the market below the 9-day and 21-day moving averages which could touch the support level at 1200 SAT and below. However, the technical indicator Relative Strength Index (14) reveals that the signal line is likely to cross above the 60-level, which could trigger more bullish signals in the market. Filecoin Alternatives The Filecoin price may continue to refresh to the upside as the coin currently trades at $4.61 with a bullish crossover and trend intraday. Today, the Filecoin price is likely to cross above the upper boundary of the channel as higher resistance may come in the next positive direction. However, the Wall Street Memes Token ($WSM) has become one of the most successful tokens of the year. By leveraging a massive community behind it, the token is speeding through a highly successful presale at the moment. Moreover, the Wall Street Memes token has raised almost $13m in the ongoing presale. Read more: Maker (MKRUSD) Price Broke Up the Supply Level of $617 Ethereum Price Prediction: ETH/USD Moves Within Northward Paths, Price Slightly Pushes Past the Upper Channel New OKX Listing - Wall Street Memes Rating Established Community of Stocks & Crypto Traders Featured on Cointelegraph, CoinMarketCap, Yahoo Finance Rated Best Crypto to Buy Now In Meme Coin Sector Team Behind OpenSea NFT Collection - Wall St Bulls Tweets Replied to by Elon Musk Visit OKX Join Our Telegram channel to stay up to date on breaking news coverage