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FX.co ★ Technical Analysis of Intraday Price Movement of Filecoin Cryptocurrency, Friday August 16, 2024.

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Crypto Analysis:::2024-08-16T03:12:32

Technical Analysis of Intraday Price Movement of Filecoin Cryptocurrency, Friday August 16, 2024.

Technical Analysis of Intraday Price Movement of Filecoin Cryptocurrency, Friday August 16, 2024.

With the position of the Filecoin cryptocurrency price movement below the MA 200 and below the WMA 20 High & Low on the 4-hour chart, it is confirmed that Sellers dominate the currency so that as long as there is no strengthening correction that breals above the 3,754 level, Filecoin has the opportunity to continue its weakening back to the 3,290 level as its main target and if the momentum and volatility support it, the 3,123 level will be the next target to be aimed for.

(Disclaimer)

Analyst InstaForex
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