Cryptocurrencies Price Prediction: Solana, Hifi & Filecoin — Asian Wrap 18 September
FXstreet
17 Sep 2023 10:35 PM
Solana (SOL) price remains trapped within a bearish technical and could continue south unless bullish momentum returns to the market. The situation co...
- Filecoin (FIL) price is currently trading with a bullish bias, maintaining an uptrend for the past three days. However, selling pressure from a crucial zone could interrupt the rally unless bullish momentum takes over.
- Hifi Finance (HIFI) price experienced a slump after a seven-day rally that was eagerly anticipated by token holders following a period of consolidation. This occurred while Bitcoin (BTC) price remained stagnant, and analysts suggest that now is a good time to invest in altcoins.
- Solana (SOL) price is currently trapped within a bearish technical pattern and may continue to decline unless bullish momentum returns to the market. The situation could have been worse if not for the court-imposed blocks on the liquidation of FTX exchange's $3.6 billion crypto.
The sentiment in the article is mixed. The analysis suggests a bullish bias for Filecoin (FIL) and a positive outlook for altcoins. However, Solana (SOL) is facing bearish pressure, and the court-imposed blocks on FTX exchange's crypto are seen as a mitigating factor.
You May Ask
What is the current price trend for Filecoin (FIL)?How did Hifi Finance (HIFI) price perform after a seven-day rally?What is the market sentiment towards altcoins?What is the current technical situation for Solana (SOL) price?What impact did court-imposed blocks have on the liquidation of FTX exchange's crypto?