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FIL is poised for 25% upwards –

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Filecoin (FIL) It showed strength on Tuesday with a rally of up to 13% from lows at $2.95 to shoulders at $3.7. With the appearance of a bullish technical formation, the cryptocurrency was expected to reach critical levels to break out of the consolidation range. tThis rise appears to have been fueled by the news that the blockchains development team has published ideas on how users can build on Filecoin Virtual Machine (FVM).

Filecoin price files is less than $3.0

FIL It was hovering at $2.98 on the four-hour chart with a negative slope, as the bears focused on some ground gained during the Dec. 27 relief rally. The four hours chart has strengthened the decreasing volatility in Filecoin price as an ascending triangle has appeared on the chart as shown below.

The 50 day simple moving average (SMA) was fading and the relative strength index (RSI) was moving sideways near the center line, validating the price consolidation. Momentum strength at 48 indicates that the buying and selling pressures were roughly balanced.

In addition, the Moving Average Convergence Divergence (MACD) indicator was moving horizontally along the neutral line. This indicates that buyers and sellers were canceling. Therefore, Filecoin price has been in a “trade-free zone,” where traders are advised to adopt a “hands-off approach” until a clear directional bias is established.

Four hour chart FIL/USD

TradingView chart: FIL/USD

The four-hour chart (above) showed that FIL Traded inside an ascending triangle. This is a very bullish chart pattern and predicts a 25% bullish breakout once the price breaks above the triangle resistance line at $3.2.

However, before reaching this target, the Filecoin bulls have to fight a supplier crowd from the 100-day SMA at $3.35 and the psychological level at $3.5.

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On the downside, the $2.97 level, where the 50-day SMA and the uptrend line of the triangle all seemed to converge, provided immediate support for the leading cryptocurrency. If the bulls can hold above this level, they can consolidate to push the FIL up towards the horizontal trend line of the triangle at $3.2.

On the other hand, Filecoins price could continue downside if the support at $2.97 does not hold. Therefore, closing the daily candlestick below this level will confirm the breakout from consolidation to the downside with the emergence of the next line of defense from the $2.81 intermediate support. Below that, Filecoin price could drop towards $2.32 or the psychological $2.2 level.

Other currencies with promising returns

The bearish conditions in the market are likely to continue into the new year. This leaves cryptocurrency investors only hoping that the new year will bring good tidings to the digital asset market. Meanwhile, market participants are looking for alternative projects in which they can inject their capital and diversify their crypto portfolio.

As such, there are currently some interesting tokens for sale ahead of time with the potential to double returns for investors in 2023. An example of such a bullish outlook cryptocurrency is Fightan innovative Web 3.0 initiative designed for a healthy and fit lifestyle in both real life and in the Metaverse while simultaneously building a real community, including physical gym chains along with each player’s virtual avatar to keep players engaged.

The project went on sale in early December, having raised over $1 million in financing. The project developers have now opened the token to the public, and the first phase of the pre-sale has already raised more than $2.3 million.

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The team behind Fightout is currently offering a giveaway to those who donate the token for more than 24 months and purchase over $500 of FGHT.

Visit Fightout Here

Similarly, C+Charge is also among these promising tokens. This platform is changing the narrative in the carbon credits market with the aim of preserving carbon-neutral electric vehicles (EVs) globally. If you own an electric vehicle, you can use C+Charge, so you charge your EV at charging stations and pay with C+Charge tokens, $CCHG.

Plus, you earn carbon credits when you pay these charging stations with CCHG dollars.

The carbon credits are then converted into non-fungible tokens (NFTs), which the owner can choose to hold or trade. This green platform is underway, as a pre-sale event gives you the opportunity to buy CCHG at a low price before the token is listed on cryptocurrency exchanges. At the time of writing, C+ Charge has raised more than $4,500 in a presale offering that launched just 10 days ago.

After the first stage of pre-sale of CCHG is currently underway, the price will gradually increase. This means NOW is the perfect time to get CCHG tokens at a discount.

Visit C + Charge here

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FightOut (FGHT) – the latest money-making project

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Blockchain

BNT/USD is trading near the $0.50 resistance

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The Bancor price prediction shows that BNT is crossing the 9-day and 21-day moving averages while the coin is taking off to the upside.

Bancor Prediction Statistics Data:

  • Bancor price now – $0.34
  • Bancor’s market capitalization is $55.8 million
  • The circulating supply of Bancor – 162.5 million
  • The total supply of Bancor – 162.5 million
  • Bancor Coinmarketcap Ranking – #287

BNT/USD market

Key levels:

Resistance levels: $300, $310, $320

Support levels: $130, $120, $110

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BNTUSD – daily chart

BNT / USD It is currently trading at $0.345 after touching a daily high of $0.490, and is likely to return above the 9-day and 21-day moving averages. However, in case the buyers can push the price above the $0.50 resistance level, then the daily candlestick may close above this level, and the price may rise towards the upper boundary of the channel.

Bancor Price Prediction: Bancor is preparing for an upward movement

According to the daily chart, the Bancor price It is moving near the $0.40 resistance level as the coin is preparing for additional gains. The technical indicator’s RSI (14) is also moving to cross above the 50 level, where the signal line is pointing up to signal a buy signal.

However, if buyers are able to push the price and hold it above the 9-day and 21-day moving averages, Bancor price could rise towards the upper boundary of the channel to reach the potential resistance levels at $0.50, $0.55, and $0.60. While crossing below the lower border of the channel, it could lift the currency to the support levels at $0.25, $0.20, and $0.15, respectively.

Against Bitcoin, Bancor is following a bullish rally, and it could swing higher to cross above the upper boundary of the channel that could identify the resistance at 2400 SAT and above. On the other hand, if the market price crosses the lower boundary of the channel, it may reach the support level of 1800 SAT and below.

BNTBTC – Daily Chart

However, the technical indicator’s RSI (14) is currently moving to cross above the 50 level as the signal line is pointing north to confirm the upward move. Moreover, any further upward movement may create additional gains above the channel.

But, Dash 2 Trading It gives you the ability to improve your trading and scalping profits with effective crypto trading recommendations, automated trading, and analytics features. There is a D2T token pre-sale going on and time is running out. The launch of the pre-sale dashboard is coming soon as the product developer is ahead of schedule. To date, the prequel has raised nearly $12 million.

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DYDX/USD could rise above $1.20

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Since the coin starts the upward movement towards the upside, the dYdX price forecast is likely to move steadily inside the channel.

dYdX prediction stats data:

  • DYDX price now – $1.10
  • DYDX market capitalization – $72.7 million
  • Circulating supply of DYDX – 65.5 million
  • Total supply of DYDX – 1 billion
  • DYDX Coinmarketcap Rank – #198

DYDX/USD Market

Key levels:

Resistance levels: $2.00, $2.20, $2.40

Support levels: $0.50, $0.30, $0.10

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DYDXUSD – daily chart

DYDX/USD is likely to cross above the 9-day and 21-day moving averages as the currency begins its upward movement. in the past few days, dYdX price Struggles to cross over to the positive side. According to the daily chart, the RSI (14) technical indicator moved to cross above the 40 level, confirming the bullish movement of the currency.

dYdX Price Prediction: DYDX is ready for an uptrend

the dYdX price It is currently moving north. If the currency continues its upward movement, the bulls may cross above the 9-day and 21-day moving averages, which could reach the resistance levels at $2.00, $2.20, and $2.40. At the time of writing, DYDX/USD is showing a slight bullish movement on the daily chart.

Conversely, if the coin slips below the lower boundary of the channel, it may bring the coin back to the $0.50, $0.30, and $0.10 support levels, respectively. Meanwhile, long-term buyers should not be alarmed by the small impact down the road, as the future of DYDX is assured as evidenced by the technical indicator’s RSI (14).

Against Bitcoin, dYdX price is hovering below its 9-day and 21-day moving averages as the coin is poised for an upward move. The technical indicator’s RSI (14) also confirms the upward movement as the signal line encounters the 40 level. On the contrary, a potential downside move could emerge if the market price crosses below the lower boundary of the channel, which could reach the support level 200 SAT and below.

DYDXBTC – Daily Chart

Meanwhile, any further bullish move above the moving averages could push the coin to the 1200 SAT resistance level and above, and this could take the coin to a new high, and the market could remain in the bullish zone.

But, Dash 2 Trading It gives you the ability to improve your trading and scalping profits with effective crypto trading recommendations, automated trading, and analytics features. There is a D2T token pre-sale going on and time is running out. The launch of the pre-sale dashboard is coming soon as the product developer is ahead of schedule. To date, the prequel has raised nearly $12 million.

Related

Dash 2 Tadawul – High Potential Pre-Selling

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Dash 2 Trading
  • Active pre-sale is live now – dash2trade.com
  • Featured in Cointelegraph – $10 Million Raised
  • Know Your Customer verified and reviewed
  • The original code for the crypto signals ecosystem

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SBF to Enter Plea Deal, Mango Exploiter Arrested, Celsius News: Hodler’s Digest, Dec. 25-31

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