Crypto price predictions: Chainlink, Filecoin, Pepe

Crypto price predictions: Chainlink, Filecoin, Pepe

Blockchain
May 1, 2023 by secret
102
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
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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.

How to buy Chainlink

Bitstamp

Bitstamp is a leading cryptocurrency exchange which offers trading in fiat currencies or popular cryptocurrencies.

Bitstamp is a fully regulated company which offers users an intuitive interface, a high degree of security for your digital assets, excellent customer support and multiple withdrawal methods.

Buy LINK with Bitstamp today

Binance

Binance is one of the largest cryptocurrency exchanges in the world. It is better suited to more experienced investors and it offers a large number of cryptocurrencies to choose from, at over 600.

Binance is also known for having low trading fees and a multiple of trading options that its users can benefit from, such as; peer-to-peer trading, margin trading and spot trading.

Buy LINK with Binance today

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.

How to buy Filecoin

Binance

Binance is one of the largest cryptocurrency exchanges in the world. It is better suited to more experienced investors and it offers a large number of cryptocurrencies to choose from, at over 600.

Binance is also known for having low trading fees and a multiple of trading options that its users can benefit from, such as; peer-to-peer trading, margin trading and spot trading.

Buy FIL with Binance today

OKX

OKX is a top cryptocurrency exchange which offers over 140 cryptocurrencies to invest in.

OKX takes customer security very seriously, they store almost all of their clients’ funds in cold storage, and the exchange is yet to be hacked.

On top of this, the exchange offers very low fees and customers can even use their crypto as collateral for loans on the platform.

Buy FIL with OKX today

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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