📰 Informative Flash: Crypto market on the rise, optimism in BTC
🔹 The crypto market experiences an increase of 2.63% in the last 24 hours, with Filecoin leading with an increase of 4.58% against the US dollar.
🔹 Despite the volatility, Filecoin shows a growth of 108.78% in the last month and 127.17% in the last year.
🔹 Our price prediction for Filecoin is $14.59 for March 16, 2024, representing an increase of 30.96% in the next 5 days.
🔹 The Fear and Greed index is at 82 (Extreme Greed), which indicates optimism in the crypto market, although it could also indicate overvaluation.
🔹 The medium and long term trend for Filecoin is bullish, with an increase of 136.85% in the last 3 months.
🔹 The key support and resistance levels for Filecoin are $10.31, $9.94, $9.46 and $11.15, $11.63, $11.99, respectively.
🔹 Technical analysis shows bullish sentiment in the Filecoin market, with 27 indicators in favor and only 2 against.
Remember that crypto markets are unpredictable and volatile. Consult professionals before making investment decisions.