15.09.202309:14 Forex Analysis & Reviews: Technical Analysis of Daily Price Movement of Filecoin Cryptocurrency, Friday September 15, 2023.

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If we look at the daily chart of the Filecoin cryptocurrency, it will be very clear that there is a deviation between the price movement and the osMA indicator and is supported by the price movement moving above the WMA (20). So that based on these facts in the next few days Filecoin has the potential to appreciate upwards to test level 3,574 and as long as there is no downward correction that is significant enough to break below level 2,999 then if level 3,574 is successfully penetrated coupled with supportive volatility and momentum then it is not impossible that level 4,295 will be the next target to be aimed at.

(Disclaimer)

Arief Makmur
Analytical expert of InstaForex
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