FilUsdt- I'm expecting a new leg up

18 de mar.

Filecoin is one of the coins that I anticipate will perform very well in the coming months. Like the entire cryptocurrency market, FILUSDT began a bullish trend at the end of October.
However, at the start of this year, the coin entered a correction phase, experiencing a drop from above 8 to under 5.

In mid-February, a new upward trend began, and the coin surged by more than 100% once again. Following the peak around 12 on March 9th, the coin started to correct once more, with a recent low reaching 8.3.

Technically, the 8 zone should offer strong support, while the 10 zone should act as resistance at this time. If this cycle were to continue, we could expect a new upward movement to the 17-18 zone, which is an important resistance area visible on longer timeframes.

In conclusion, I maintain a bullish stance on Filecoin as long as the price remains above the $8 USD zone, and I anticipate a new upward movement of around 100%.