Filecoin Price Prediction for 2022, 2023 – Is FIL a good investment?

Filecoin Price Data

In this article we will show you Filecoin price prediction. The live Filecoin price today is $28.52 USD with a 24-hour trading volume of $561,710,912 USD. We update our FIL to USD price in real-time. Filecoin is down 5.29% in the last 24 hours. The current CoinMarketCap ranking is #39, with a live market cap of $4,215,575,577 USD. It has a circulating stockpile of 147,799,573 FIL coins and the max. supply is not available.

On the off chance that you might want to know where to purchase Filecoin, the top digital money exchanges for trading in Filecoin stock are presently Binance, OKEx, Mandala Exchange, CoinTiger, and Huobi Global. You can observe others listed on our crypto exchanges page.

Filecoin Price Prediction

What Is Filecoin

Filecoin is a decentralized storage framework that aims to “store humanity’s most important information.” The venture raised $205 million in an initial coin offering (ICO) in 2017, and initially planned a launch date for mid-2019. Nonetheless, the launch date for the Filecoin mainnet was pushed back until block 148,888, which is normal in mid-October 2020.

The venture was first portrayed back in 2014 as a motivation layer for the Interplanetary File System (IPFS), a distributed storage organization. Filecoin is open convention and backed by a blockchain that records responsibilities made by the organization’s participants, with transactions made utilizing FIL, the blockchain’s native cash. The blockchain is based on both confirmation of-replication and evidence of-space-time.

Filecoin Past Price Analysis

According to the latest data gathered, the current price of Filecoin is $28.62 and FIL is at present ranked # in the whole crypto biological system. The circulation supply of Filecoin is 147,799,573 with a marketcap of $4,229,378,537.

In the past 24 hours, the crypto has been decreased by – 5.03% in its present value. Assuming we compare the current market cap of the FIL with yesterday’s, you can see that the market cap is also down.
Filecoin is facing a hard time jumping aboard with other crypto coins. The FIL is down to almost – 8.91% in the last 7 days. The coin is as yet showing risking framing fragments for past couple of days, the coin may have solid fundamentals in any case, we don’t imagine that it would a profitable asset in present moment.

Filecoin technical analysis

Unable to go past the 87 USD resistance level, the Filecoin Price Prediction dropped down to the help level at 55 USD.
In the 4-hour price chart, the digital currency is trading above the 50-day Moving Average and the 100-day Moving Average. This makes the price force of Filecoin in the following not many days very critical for FIL’S price. The current circulating stockpile is at 111,591,681 FIL.

In the past month, we have seen a serious bearish price scenario for Filecoin (FIL) price as the price of Filcoin dropped by over 6% on 21st September, 15.2% on 24th September, and by 7.67% on 26th September. The period of September has been very bearish for all cryptographic forms of money. However, the month finished with a price flood of 19%.

And although the values of the resistance and support levels vary just barely, the Walletinvestor site mirrors the same in its Filecoin technical analysis. You can also read about Hedera Price Prediction from here.

Would it be advisable for you to put resources into Filecoin (FIL)?

According to Walletinvestor.com, FIL is viewed as a green coin, and the Filecoin Price Prediction earnings are anticipated to continue to grow up to 2026, based on the developing need by individuals worldwide to get an internet based storage space where they can store their information. FIL can be a profitable investment choice. Filecoin price is at 37.057 USD on the fifth January 2022. On the off chance that you purchase Filecoin for 100 dollars today, you will get a total of 2.699 FIL. Based on WllaetInvestor forecasts, a drawn out increase is normal with FIL priced at USD 116.711 on the second of January 2027. With a 5-year investment, the income is relied upon to be around +214.95%. Your current $100 investment may be up to $314.95 in 2027.

Filecoin Price Prediction

Filecoin Price Prediction 2022

The Filecoin price is forecasted to reach $302 by the start of 2022. The normal maximum price on the potential gain is $349 and assuming the FIL token marks the downtrend, it may trade around $260.

Filecoin Price Prediction 2023

According to the Filecoin (FIL) price forecast for 2023, the token may reach the maximum price of $858. And assuming it couldn’t manage to record a potential gain energy, then, at that point, according to help levels calculation, the cash may trade around the price of $775.