empty
 
 
15.08.2025 06:50 AM
Filecoin has the potential to weaken and fall to its nearest support level. Friday, August 15, 2025.

[Filecoin] – [Friday, August 15, 2025]

With the RSI(14) in the Neutral-Bearish area and the EMA(50) below the EMA(200) (intersecting a Death Cross), there is a high probability of Filecoin to weakens today.

Key Levels

1. Resistance 2: 2,848.

2. Resistance 1: 2,671.

3. Pivot: 2,574.

4. Support 1: 2,397.

5. Support 2: 2,300.

Tactical Scenario

Pressure-Prone Zone: If the price breaks down and closes below 2.397, it has the potential to continue weakening to 2.300.

Momentum Extension Bias: If the 2.300 level is successfully broken and closes below it, Filecoin has the potential to continue its decline to 2.123.

Invalidation Level / Bias Revision

Downside bias is maintained if the price suddenly strengthens and breaks through and closes above the 2.848 level.

Technical Summary

EMA(50): 2.560.

EMA(200): 2.589.

RSI(14): 47.80.

Economic News Release Agenda:

The following data will be released from the United States tonight:

US - Core Retail Sales m/m - 19:30 WIB.

US - Retail Sales m/m - 19:30 WIB.

US - Empire State Manufacturing Index - 19:30 WIB.

US - Import Prices m/m - 19:30 WIB.

US - Capacity Utilization Rate - 20:15 WIB.

US - Industrial Production m/m - 20:15 WIB.

US - Prelim UoM Consumer Sentiment - 21:00 WIB.

US - Prelim UoM Inflation Expectations- 21:00 WIB.

US - Business Inventories m/m - 21:00 WIB.

This image is no longer relevant

Earn on cryptocurrency rate changes with InstaTrade
Download MetaTrader 4 and open your first trade

Recommended Stories

Can't speak right now?
Ask your question in the chat.