Filecoin (FIL) is currently trading at $9.17, up 6.84% in the last 24 hours, outperforming the total cryptocurrency market cap, which increased by 5.34% during the same period. Despite the recent gains, FIL is trading 20.68% below our prediction of $11.56 for March 29, 2024. The coin has gained 14.65% in the last month and is up 67.00% since one year ago.

The sentiment in the Filecoin market is currently bullish, with the Fear & Greed index reading Greed. Key support levels are $8.49, $8.32, and $8.10, while key resistance levels are $8.89, $9.11, and $9.29. The Relative Strength Index (RSI 14) for Filecoin is at 48.46, suggesting that FIL is currently neutral.

The 50-day Simple Moving Average (SMA 50) trendline indicates a bearish signal, as Filecoin is trading below it. Similarly, the 200-day Simple Moving Average (SMA 200) signals a bearish market, with FIL trading below the trendline.

In conclusion, the current forecast for Filecoin's price prediction is bullish, with a 30.38% increase needed to reach our target of $11.56 within the next five days. However, the cryptocurrency markets are unpredictable, and even the largest crypto assets display significant price volatility.