Filecoin is Unstoppable! Next Target? 🚀
$FIL is already up 100% from its recent bottom, but this could just be the beginning.
The technical indicators on the 3-day chart are flashing strong bullish signals:
• Moving Averages: The price has cleanly broken above the MA(50) at $0.8285 and the MA(20) at $0.7917, confirming a solid trend reversal.
• Supertrend: It has flipped completely bullish (SUPERTREND (10,3) green at $0.6920), locking in strong support below.
• Momentum: The RSI(6) is sitting high at 93.46, showing massive buying pressure and a clear overbought momentum that aligns with parabolic moves.
With the current market context, the immediate target is $1.50, but clearing the MA(200) could open the doors for a much bigger rally.
Are you riding the FIL wave or waiting for a retest? Share your strategy below! 👇
#Filecoin #FIL #CryptoAnalysis #TechnicalAnalysis $FIL