empty
31.01.2025 06:53 AM
Technical Analysis of Intraday Price Movement of Filecoin Cryptocurrency, Friday January 31, 2025.

This image is no longer relevant

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.

(Disclaimer)

Select timeframe
5
min
15
min
30
min
1
hour
4
hours
1
day
1
week
Earn on cryptocurrency rate changes with InstaForex
Download MetaTrader 4 and open your first trade
  • Grand Choice
    Contest by
    InstaForex
    InstaForex always strives to help you
    fulfill your biggest dreams.
    JOIN CONTEST

Recommended Stories

Bitcoin and Ethereum: key factors behind their recent plunge

Bitcoin plunged by 6.5% and Ethereum lost over 7.0% in just the first half of today alone. As for Bitcoin, there had long been speculation about a break

Jakub Novak 14:09 2025-02-25 UTC+2

Cryptocurrency Market Trading Recommendations for February 25th (U.S. Session)

Bitcoin and Ethereum have experienced significant declines, with Bitcoin hitting a new yearly low and Ethereum testing the $2,300 mark after trading around $2,800 just days ago. The world's largest

Miroslaw Bawulski 13:56 2025-02-25 UTC+2

Upcoming Ethereum Network Upgrade Already in Testing

The cryptocurrency market has experienced a significant decline, closely following the U.S. stock market, which has lost considerable ground in recent trading days. Bitcoin dropped

Jakub Novak 09:17 2025-02-25 UTC+2

Trading Recommendations for the Cryptocurrency Market on February 25

Bitcoin has fallen from the $91,000 mark, raising concerns about its potential for further growth. Meanwhile, Ethereum has dropped over 7% in just one day, returning to a downtrend after

Miroslaw Bawulski 07:27 2025-02-25 UTC+2

Ethereum (ETH) Trading Recommendations for February 25, 2025

Bitcoin continues to trade within a restricted range, and as a result, Ethereum remains in a flat market as well. Over the past few weeks, Ethereum has shown a slightly

Paolo Greco 06:11 2025-02-25 UTC+2

Trading Recommendations for the Cryptocurrency Market on February 24

Bitcoin faced ongoing pressure throughout the weekend, struggling to break above the $96,000 mark. This could potentially trigger a larger sell-off in the near future. It is important to note

Miroslaw Bawulski 08:18 2025-02-24 UTC+2

Bitcoin and Ethereum Face Clear Challenges

The cryptocurrency market continues to test the patience of investors and traders. Bitcoin has struggled for weeks to break above $100,000, while Ethereum faces strong sell-offs at every attempt

Jakub Novak 08:12 2025-02-24 UTC+2

Ethereum Trading Recommendations for February 24th

Ethereum continues to trade in a range-bound market, closely mirroring Bitcoin's price action. Although there has been some minor upward movement in recent weeks, the overall structure remains flat

Paolo Greco 08:09 2025-02-24 UTC+2

Bitcoin Trading Recommendations for February 24th

clear directional trend. However, this is not a traditional flat market with a well-defined sideways channel but rather a limited price range where liquidity is continuously being removed from both

Paolo Greco 07:57 2025-02-24 UTC+2

Bitcoin – Technical Analysis Overview

Another Friday has arrived, yet Bitcoin continues to remain in a wait-and-see mode. The price range remains narrow, with the market holding below the short-term weekly trend resistance at 99,497

Evangelos Poulakis 12:12 2025-02-21 UTC+2
Can't speak right now?
Ask your question in the chat.
Widget callback
 

Dear visitor,

Your IP address shows that you are currently located in the USA. If you are a resident of the United States, you are prohibited from using the services of InstaFintech Group including online trading, online transfers, deposit/withdrawal of funds, etc.

If you think you are seeing this message by mistake and your location is not the US, kindly proceed to the website. Otherwise, you must leave the website in order to comply with government restrictions.

Why does your IP address show your location as the USA?

  • - you are using a VPN provided by a hosting company based in the United States;
  • - your IP does not have proper WHOIS records;
  • - an error occurred in the WHOIS geolocation database.

Please confirm whether you are a US resident or not by clicking the relevant button below. If you choose the wrong option, being a US resident, you will not be able to open an account with InstaForex anyway.

We are sorry for any inconvenience caused by this message.