Bitcoin Cash (BCH) And Filecoin (FIL) Face Important Key Levels, Growth Is Near?

The crypto market is on the cusp of a seismic shift, with a potential $300 billion value fluctuation in the offing, following a surge in major cryptocurrencies like Bitcoin, Ethereum, and XRP. This anticipation is rooted in historical patterns, particularly the November price movements, which have traditionally seen significant gains. Amidst this atmosphere of cautious optimism, Bitcoin Cash (BCH) and Filecoin (FIL) are navigating their paths, while ScapesMania (MANIA) is gearing up to make its mark as the market braces for change.

When compared to the growth of larger cryptocurrencies, Bitcoin Cash (BCH) and Filecoin (FIL) lagged behind. They’re having trouble breaking through crucial barriers, but a shift seems imminent. Can they really take it to the next level? Can we expect a genuinely impressive expansion to mirror that of ScapesMania’s? Let’s find out!

Summary

  • ScapesMania (MANIA) is capturing attention with its unique blend of gaming and cryptocurrency, promising an exciting future as it enters the presale phase.
  • Bitcoin Cash (BCH) stands at a pivotal moment, with potential for growth if it can leverage the current market recovery and break through key resistance levels.
  • Filecoin (FIL) is revolutionizing decentralized mining with Filstation, potentially boosting its price and network participation as it lowers the barriers to mining.

ScapesMania (MANIA): New Crypto Phenomenon

While bigger cryptocurrencies wrestle with uncertainty, ScapesMania can offer almost guaranteed ROIs in the range of 400-500%. The innovative project is currently in presale which means holders can get paid well for the wait. The presale consists of several rounds and the current one offers a huge discount on purchases, nearing 85%. If there’s ever a time to trust the hype, it is now!

Join the Presale at an 83% Discount

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The tokens are low in price, which means that regardless of your budget you can take advantage of the offer. There’s no downside and plenty of potential gains to joining ScapesMania even if you don’t have much money to make use of.

A closer examination of this coin’s features reveals many attractive aspects. For instance, ScapesMania allows holders to get involved with a multi-billion-dollar industry and has many features in place to keep users engaged and incentivize them to keep on engaging. Furthermore, the tokenomics of the project is transparent and secure and the addition of the latest $150,000 giveaway may be the final touch needed to convert early enthusiasts into full-blown fanatics.

Those still considering which presale projects to choose, need to know that ScapesMania’s vision for the future is highly ambitious. it comes in the form of further listings, improvements, and development of a unique niche concept that has yet to be adopted in crypto circles. Considering all of the above, it’s not surprising that the presale numbers are outstanding – it can surely be a boon to many in the long run.

ScapesMania is at the point where previous buyers can already assume they’ve made a great decision and now the time is right for those who haven’t tried the project yet. Get in now to reach potential ROIs of 400-500% or maybe even higher.

Bitcoin Cash (BCH): Precipice of a Potential Upswing

Bitcoin Cash (BCH) is currently at a crossroads, with its market behavior suggesting a latent potential for an upturn. The cryptocurrency has been treading a lateral path, with a price consolidation that reflects a market in recovery mode. The broader market’s upswing, with Bitcoin notably reaching new heights, has set a positive backdrop, yet Bitcoin Cash (BCH) has been slow to capitalize on this investor enthusiasm.

The asset has been trading within a price range of $211 to $274. The 10-Days Moving Average at $242 and the 100-Days Moving Average at $220 provide a snapshot of the market’s recent sentiment, with the former indicating a short-term bullish bias and the latter a more cautious long-term outlook. The support levels at $113 and $177 serve as critical junctures, below which the market sentiment could turn bearish, while resistance levels at $303 and $367 are the barriers Bitcoin Cash (BCH) needs to breach to confirm a bullish trend.

Technical indicators suggest a bullish turnaround, with the potential to challenge the immediate resistance zone. If Bitcoin Cash (BCH) can sustain its momentum and break past the $250 mark, a rally towards $300 could be within reach, aligning with the broader market’s recovery and the anticipation of a Bitcoin Spot ETF. However, a dip below the 50-day EMA could see prices retracting to $200, underscoring the need for cautious optimism.

Filecoin (FIL): Pioneering the New Frontier

Filecoin (FIL) is at the forefront of innovation with the introduction of Filstation, a desktop application that simplifies the mining process, allowing users to earn Filecoin (FIL) with idle computer resources. This move is set to democratize access to Filecoin (FIL) mining, potentially increasing the network’s decentralization and total storage capacity.

Filecoin (FIL) current price range of $3.306 to $4.167 reflects a market that is cautiously optimistic about its future. The 10-Days Moving Average at $4.149 and the 100-Days Moving Average at $3.532 suggest a bullish sentiment in the short term, supported by the recent positive developments. The support levels at $1.922 and $2.783 provide a safety net against market downturns, while resistance levels at $4.505 and $5.366 are the benchmarks for Filecoin (FIL) upward trajectory.

The introduction of Filstation is a game-changer for Filecoin (FIL), potentially leading to a surge in network participation and token demand. Coupled with a 30% increase in price over the past month and a positive outlook on network utilization, Filecoin (FIL) is poised for growth. If the momentum continues, breaking past the $4.505 resistance level could see Filecoin (FIL) aiming for the $5.366 mark, with the potential to reach new highs if the broader market conditions remain favorable.

Conclusion

The crypto market is on the brink of a transformative period, with significant capital influxes on the horizon. In this dynamic landscape, ScapesMania (MANIA) is poised to carve out its niche, Bitcoin Cash (BCH) is eyeing a critical breakout, and Filecoin (FIL) is redefining mining accessibility.

Each coin’s trajectory will be shaped by market forces and their unique value propositions, but it’s clear to see that ScapesMania (MANIA) is the most promising option on today’s market. The ambitious project is likely to give you much, much more than the initially estimated 500% ROI.

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Disclaimer: This content is informational and should not be considered financial advice. The views expressed in this article may include the author’s personal opinions and do not reflect The Crypto Basic’s opinion. Readers are encouraged to do thorough research before making any investment decisions. The Crypto Basic is not responsible for any financial losses.

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Source: https://thecryptobasic.com/2023/11/09/bitcoin-cash-bch-and-filecoin-fil-face-important-key-levels-growth-is-near/?utm_source=rss&utm_medium=rss&utm_campaign=bitcoin-cash-bch-and-filecoin-fil-face-important-key-levels-growth-is-near