CandleFocus Accumulation Phase Sets Filecoin Up for Explosive Growth, Says XForceGlobal
2024-11-24
Author: Content Editor
The cryptocurrency Filecoin (FIL) has performed poorly in the current bull market but shows signs of a potential reversal. An analysis from XForceGlobal highlights a strong Elliott Wave structure, with a solid accumulation phase and promising long-term growth. The chart tracks FIL's price movement from 2020 to 2026, showing distinct Elliott Wave cycles. After reaching a peak of $555 in 2021, FIL underwent a correction and entered an accumulation range. The analysis suggests that FIL's current cycle could yield a 5x opportunity, with potential price targets of $29 and $145. Traders are advised to identify assets with strong Elliott Wave structures and exercise patience during accumulation phases.
Related News
World’s Fastest Supercomputer Conducting ‘Virtual Manhattan Project’ to Test Nukes Gemini’s Cameron Winklevoss calls investigation into FTX campaign finance charge dismissal SPX6900 price prediction 2024-2030: Will SPX6900 soar 10x or crash and burn? BIT Mining Settles for $10M Over Bribery Allegations in Japan Resort License Bid Notcoin’s Breakout Hints at Potential Upswing to $0.12 Trump calls up crypto pals, Senator says sell gold for Bitcoin | Weekly Recap Spot Bitcoin ETFs on Track to Overtake Satoshi’s BTC Holdings by Year-End Crypto liquidations cross $500 million in past day as bitcoin's price falls to $96,000 Bitcoin price dip may spur buying spree in BNB, AVAX, NEAR and OKB Wrapped Bitcoin flash crashes to $5K on Binance exchange Major Cryptocurrency Exchange Decided to Shut Down Its Chain: Users Need To Take Steps By 10 January To Avoid Loss Of Assets Cardano (ADA) Price Nears Key Breakout Above Long-Term Resistance CME Futures Reopening: Will It Rekindle Bitcoin’s Momentum? Time To Sell XRP? Whale Dump $27.2 Million Worth of Tokens BNB Targets $700 Resistance, A Breakout Could Trigger Massive Gains XRP Ledger Network Expands 46% with More Active Nodes in 2024 French Hill’s Leadership Could Boost U.S. Crypto Innovation and Banking Access Will Ethereum Break Through Its Resistance and Lead the Market Soon? Crypto bros in charge: Here are the Trump nominees tapped for 2025 Watch Out: There are 29 Altcoins with a Large Amount of Token Unlocking in the New Week – Here is the Day by Day,... Cardano’s Hydra Launches Gamified Test Campaign as ADA Price Responds Tether mints an additional $3 billion in USDt stablecoins CRV’s 60% Potential Gains: Why BTC at $94K+ Could Push Prices Higher This Is Why Ethereum (ETH) Risks Falling Below $3,000 $500M WBTC Burned in the Wake of Coinbase’s Delisting Move Rate Cut Roulette: Bettors and Analysts Divided on Fed’s Next Step Shiba Inu to $0.01: Expert Says Crypto Has Proven the Impossible Can Happen SAND, MANA, AXS: Top cryptocurrencies to watch this week VeChain Users Rally Behind veDelegate for Smarter Governance Expert Shares 10 Factors that Can Take XRP to $10 Stellar ($XLM) Leads the Charge in Daily Gainers MoonDog Partners with Shadow Killers to Transform the Solana Metaverse BONK Coin Surpasses Expectations, Trading Volume Soars Accumulation Phase Sets Filecoin Up for Explosive Growth, Says XForceGlobal Ethereum’s next move: Key levels to watch as ETH reclaims $3,250 support 2021 Bull Run Déjà Vu? Altcoin Market Gains Momentum Bitcoin Technical Analysis: BTC's Short-Term Correction—What the Charts Reveal Major Crypto Fundraising Projects Raise Over $85M in November 2024 VeChain Proves Blockchain’s Real-World Potential in Renji Hospital Partnership SHIB Price Prediction for November 24 Bitcoin facing correction to $85,000 as $100,000 target derails Shiba Inu Whale Activity Skyrockets 148%, but SHIB Price Dips 74 Trillion in 24 Hours Shiba Inu (SHIB) About to Get Active 5 Token Unlocks to Watch Next Week Binance scoops up $596K ONDO, but bearish sentiment remains: What now? DOGE Price Prediction for November 24 Trader Says Avalanche (AVAX) Setting Up for Massive Rally, Updates Outlook on Dogecoin (DOGE) Romania is using blockchain to count presidential electoral votes today Bitcoin’s Epic Rise Panics the Owner of the Largest Gold ETF – He Talks About BTC Cardano (ADA) Rockets 211% in Price: What's on Horizon? Aave climbs over 24% in a month: Can it reach $200 soon? AI predicts Stellar Lumens (XLM) price for year-end Shytoshi Kusama Cites 'World of Statistics' to Prove Shiba Inu (SHIB) Supremacy Cardano or Algorand? We asked AI which crypto is a better buy for 2025 New Altcoin Season Now in Sight, According to Crypto Strategist – Here’s Why XRP Surges to $1.63 Year-To-Date High, But Shorts Stay Resilient Bitcoin Remains Below The Psychological Price Barrier Of $100,000 Will TIA and FIL Coins Surge Soon? XRP Failed Skyrocketing: $2 Ready? BitMEX Founder Arthur Hayes Reveals Bitcoin and Dogecoin Price Prediction for 2025 Cardano Crosses $1: What’s Driving ADA’s Growth? Stellar Surges in Daily Transactions, Jed McCaleb Highlights its Potential Elon Musk Reacts to Jim Cramer 'Causing' Bitcoin (BTC) Price Reversal Bitcoin 'spoofing' drives BTC price to $97.4K amid record profit-taking Survival of the healthiest: How to create a successful crypto | Opinion $DEGEN Becomes Most-Searched Crypto of the Week, $PORTAL Follows Closely Bitcoin Privacy At Risk? Could CARF Regulations Signal ChokePoint 3.0? Ripple Price Analysis: Can XRP Skyrocket to $2 by the Year’s End? XRP Secures Golden Cross Against Bitcoin, What's Next? Here’s why the Polkadot and Kusama prices are soaring XLM Rally Continues With 485% Monthly Surge, BTC Cools Off to $98K (Weekend Watch) Uquid Revolutionizes Web3 Shopping with Stablecoin-Powered Payments State Street flags Bitcoin rally as a threat to gold’s safe-haven appeal ? Stellar (XLM) Tops Shiba Inu (SHIB) by Market Cap $70 Billion Bitcoin (BTC) OI Surge or $100,000? Who's First? Here’s how to make money from stocks as market cap swings get ‘wild’ The gaming lesson from Off The Grid and Telegram? Put blockchain in the background Shiba Inu price prediction: here’s why SHIB is about to fly AI, Blockchain Integration Can Boost Trust, Prevent Misuse, Expert Says WIF Shakes Off Setbacks As Bullish Resurgence Targets More Gains Can Ethereum Price Break $10K? Bullish Momentum Suggests Potential Crypto Whale “dimethyltryptamine.eth” Makes Strategic Shift Dogecoin Eyes $0.8 While These 2 Altcoins Are Tipped to Surpass DOGE Bless: a DePIN airdrop similar to Grass that allows you to obtain free crypto Cameron Winkelvoss Calls for Inquiry Into SBF’s $100M Campaign Finance Breaches Aptos TVL hits ATH as APT targets 69% surge to $24 – Can it happen? 2 Key Catalysts Poised to Push Solana (SOL) to a New All-Time High Investor Dan Tapiero Says Solana Memecoin Explosions ‘Practice’ for Migration of $100 Trillion in TradFi Capital Fantom surges 20% in 24 hours: Next key levels for FTM Meme Coin Showdown: Token Mill vs. Pump.fun in the Battle for Meme Coin Supremacy Mapping’s NEAR’s next price target as it breaks THIS pattern Ripple Legal Chief Offers SEC Advice on Reforming Crypto Rules Under New Leadership Cardano Price Prediction: Will ADA Hit $2 First or XRP? Former Gains 50% Dogecoin’s Bullish Momentum: Can DOGE Smash $0.6533 and Soar Past $1.25? Tether’s Powerful Ally: Cantor Fitzgerald’s 5% Stake Revealed as Lutnick Prepares for Commerce Secretary Role Celestia ($TIA): A Hidden Gem Primed for Breakout Avalanche Soars 20% In 24 Hours – Analyst Reveals Next Price Target NEAR Protocol Achieves $244M TVL Milestone, Suggesting Potential for Continued Bullish Momentum Crypto Trader Records $2.5M Profit With This Token, Here's All Cardano Whales Holding $10M ADA Grow Positions by 420%, Time to Buy? XRP Price Prediction For 24 November Is Bitcoin Going to Crash After Hitting $100K? Shiba Inu Is Forming A Bullish Flag, Time To Buy The Meme Coin? Ethereum Targets $4811 as Hidden Bullish Patterns Signal More Gains Ahead Binance Records $8.73B Asset Inflow over the Month as Total Assets Touch $154.9B Is A Rally To $10 Imminent For Near Protocol (NEAR)? Peter Brandt Warns of Potential Bitcoin Selloff, With a Key Condition