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On the 4-hour chart of the Filecoin cryptocurrency, there is the appearance of a Failing Wedge pattern followed by a divergence between the Filecoin price movement and the Stochastic Oscillator indicator, where both of these things indicate that in the near future it will appreciate and strengthen even though it is currently still in a depressed and weakening condition because the Stochastic Oscillator indicator is currently in a Crossing SELL condition, but as long as the weakening does not break through and close below the 4,337 level, Filecoin still has the potential to appreciate to the 5,189 level and if the momentum and volatility support it, 5,421 will be the next target.
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