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02.02.202406:39 Forex Analysis & Reviews: Technical Analysis of Intraday Price Movement of Filecoin Cryptocurrency, Friday February 02 2024.

This information is provided to retail and professional clients as part of marketing communication. It does not contain and should not be construed as containing investment advice or investment recommendation or an offer or solicitation to engage in any transaction or strategy in financial instruments. Past performance is not a guarantee or prediction of future performance. Instant Trading EU Ltd. makes no representation and assumes no liability as to the accuracy or completeness of the information provided, or any loss arising from any investment based on analysis, forecast or other information provided by an employee of the Company or otherwise. Full disclaimer is available here.

Exchange Rates 02.02.2024 analysis

With the appearance of Double Top (yellow circle) pattern as well as the price movement which is moving below its Moving Average gives the clue that in the near future Filecoin has the potential to weaken down to test the level 4,845 if on the way down, there is no correction upward which exceed the level 5,249, then Filecoin will continue its weakness to the level 4,606.

(Disclaimer)

Arief Makmur
Analytical expert of InstaForex
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