Cryptocurrency prices had a mixed performance last week as investors focused on the impending collapse of First Republic Bank (FRC). After falling to a low of $27,100, the coin jumped to about $30,000, where it has been in the past few days. Here is a crypto price prediction for some of the top coins like Chainlink (LINK), Filecoin (FIL), and Pepe.
Chainlink price prediction
On the daily chart, we see that the LINK has been in a consolidation phase in the past few days. The coin remains slightly below the important resistance point at $9.510, the highest point on November 8, August 13, and June 9.
It is also below the key resistance level at $8.82, the highest point on April 19. The coin is also trading slightly below the 25-day moving average. Therefore, there is a likelihood that Chainlink will have a bearish breakout as sellers target the green ascending trendline at $6. A break above the key resistance at $8 will see it jump to $9.51.
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Filecoin price prediction
Filecoin price has been in a tight range in the past few days. The coin is trading at $5.9, where it has been recently. It has moved above the ascending trendline shown in green. FIL has moved slightly below the important resistance point at $6.60, the highest level on November 5 last year. The Relative Strength Index (RSI) has moved slightly below the neutral point at 50.
Therefore, the Filecoin price will likely remain in this range in the next few days. More downside will be confirmed if the price moves below the ascending trendline. If this happens, the next key level to watch will be at $4.0.
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Pepe price prediction
The hourly chart shows that the Pepe crypto price has been in a strong bullish trend in the past few days. It has dropped to a low of $0.00000013 to about $0.00000061. This means that the token has jumped by over 300% from the lowest level this year. It has moved above all moving averages.
Therefore, it seems like the Pepe token is having a bullish momentum. If this happens, the next key level to watch will be at $0.00000070. A move below the support level at $0.00000044 will invalidate the bullish view.
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Crypto prices have been on an upward trajectory lately, with many coins showing substantial gains. One of the most fascinating aspects of cryptocurrency is that it’s impossible to know where prices are headed. However, there have been some general trends and predictions about the direction of certain altcoins such as Chainlink, Filecoin, and Pepe.
Chainlink is a cryptocurrency that is focused on providing data to decentralized applications. It connects and brokers external data, such as stock values and weather readings, and is becoming increasingly popular in the smart contract space. Analysts and traders predict that Chainlink’s price will continue to rise over the next several years, as more projects realize the need of oracles and the possibilities that Chainlink offers.
Another crypto that has seen some interesting price predictions is Filecoin. Filecoin is a decentralized storage network that allows users to rent storage space on their computers. Analysts predict that Filecoin’s price will also continue to rise, as it’s quickly becoming a powerhouse in the distributed storage space.
A lesser-known altcoin that is enjoying quite a bit of attention is Pepe. Pepe is an ERC-20 token pegged to a rare NFT Pepe, an anthropomorphic frog. Cryptocurrency traders are betting that its price will continue to grow as more collectible NFTs hit the market.
Overall, crypto prices have been on the rise lately, with many altcoins showing substantial gains. As more projects and traders realize the potential of the cryptocurrencies, it’s expected that the prices of Chainlink, Filecoin, and Pepe will continue to rise. As with any investment, it’s a good idea to do your own research and never invest more than you can afford to lose.
