#filecoinfutures

[cryptofighter94]

How Filecoin is up 50% in a week and could take more profits After a week of significant gains, Filecoin (FIL) is shaping up to become one of the biggest earning cryptocurrencies of the month. Journalist Colin Wu has recorded increasing interest in the cryptocurrency and its file-sharing platform: Filecoin surpassed $100, benefiting a large number of Chinese miners and investors. Reasons: the first investor token will be released over, Coinbase launched new storage tokens, the dual mining test of Filecoin and LPT started, the cooperation between Filecoin and LINK, etc. (…) A lot of Chinese funds are entering this industry. Grayscale announcement and Chainlink’s partnership With an annualized fee of 2.5% and $1.3 million in assets under management, investment firm Grayscale announced its Filecoin-based trust. The firm’s product will hold 16,000 outstanding shares that will be worth 0.99 FIL per share. Another announcement around Filecoin that has positively impacted its price was consolidated with Chainlink. The cooperation will allow Filecoin’s integration with Chainlink’s oracle service to form “a bi-directional connection”: As a result, smart contract developers will have a full Web 3.0 infrastructure stack including blockchains for on-chain logic and state changes, Chainlink oracles for off-chain communication and computation, and Filecoin for decentralized storage and data solutions. Let's keep pumping the market guys Guys Stay Bullish, Stay Humble, Stay Put #filecoin #filecoinmining #filecoinfutures #file https://www.instagram.com/p/CM6DlgTA5fH/?igshid=plubdhevk1g

[cryptofighter94]

FILECOIN ANALYSIS FIL/USD Filecoin’s FIL token is in a strong uptrend. After its sharp rally on March 16 and 17, short-term traders seem to have booked profits, which has resulted in a minor correction on March 18. However, the shallow pullback is a positive sign as it shows that the majority of the traders are not rushing to the exit. The bulls are attempting to keep the FIL/USD pair above $73.79, which is just below the 38.2% Fibonacci retracement level at $75.74. If the bulls succeed, the pair could again rise to $96.66. A breakout and close above this resistance could start the next leg of the uptrend, which could reach $128.55. On the contrary, if the bears sink the price below $73.79, the pair could drop to the 20-day EMA ($59.95). A strong rebound off this support will indicate that the trend remains positive but a break below it will suggest a short-term top may be in place. The rebound off the $73.79 support indicates strong demand at lower levels. However, the bears are not relenting as they are aggressively defending the $86 level. If the bears sink the price below the 20-EMA, the pair could again drop to $73.79. A break below this level will suggest advantage to the bears. Alternatively, if the pair rebounds off $73.79, it may extend its stay inside the range for a few more days. The flattening 20-EMA and the gradually weakening RSI also point to a possible consolidation. A break above $86 could signal resumption of the uptrend. Let's keep pumping the market guys Guys Stay Bullish, Stay Humble, Stay Put #filecoin #filecoinmining #filecoinfutures #nftcoin #nftcoins #nfts #nft #altcoinfeeds #altcoiner #altcoinarmy #altcoindaily #altcoin #altcoingenius #altcoininvesting #altcointrading #altcoinnews #altcointrader #altcoinfinale https://www.instagram.com/p/CMtc4FcAfRm/?igshid=1t5dyj7juzaod