Will FIL Reach $100 Soon?

At the press time, Filecoin (FIL/USD) stands at $4.85. Between early September and till mid of this October, the coin was consistently trading at its immediate support level of $3.16. However, towards the end of October, the crypto witnessed a surge in its value which led to an increase in its overall price. Based on these developments, we can safely conclude that the bulls have successfully regained their support level. However, there is an immediate resistance level at $7.77

FIL Price Prediction 2024-2027

Price PredictionPotential Low ($)Average Price ($)Potential High ($)Growth in %Volatility change
20244.43$8.5712.7161.86%162%
202515.29$20.7326.16105.98%171%
202627.94$33.9139.8752.41%143%
202740.13$52.1164.0960.75%160%
FIL Price Prediction 2024-2027: Will FIL Reach $100 Soon?
FIL Price Prediction 2024-2027: Will FIL Reach $100 Soon?

FIL Price Prediction 2024

According to the FIL coin price forecasts, the market is anticipated to experience a rise and display a bullish trend by 2024. As per the technical analysis of the weekly chart patterns, FIL’s value may surge up to $12.7 in 2024. which would indicate a growth of nearly 161.86% from the current market price. Moreover, the coin’s projected lowest value for the same year is $4.43.

FIL Price Prediction 2025

Based on the price analysis of a weekly chart, it is predicted that FIL may reach a new 52-week high and experience a surge of around 105.98%% from its current levels in 2025. According to the analysis, the cryptocurrency could potentially hit a high of $26.16 by that year. With a high volatility of 171%, the FIL coin price may rise up to 105.98% from the 2024 high.

FIL Price Prediction 2026

According to the projected FIL price forecast for 2026, the cryptocurrency may witness a substantial rise of as much as 52.41% as compared to the 52-week high of 2025. The coin could even reach a new 52-week high with a volatility of 143%. Upon analyzing the weekly chart patterns, some optimistic indications were observed. It is anticipated that the FIL coin could achieve a peak of $39.87 in 2026 However, the bears can also push the price down to a rock bottom of $27.94.

FIL Price Prediction 2027

The price prediction for FIL in 2027 indicates that the cryptocurrency may surge up to 60.75% from its 2026 high and reach a new 52-week high. According to crypto analysts, FIL has the potential to hit a high of $64.09 in 2027.

Conclusion

The value of Filecoin has been declining since the start of the bearish market in 2022. However after the crypto analysts analyzed the patterns in the chart, they found that the filecoin may favour the bulls in the upcoming years.

Disclaimer

The views and opinions stated by the author, or any people named in this article, are for informational purposes only. They do not establish financial, investment, or other advice. Investing in or trading in stocks, cryptos or related indexes comes with a risk of financial loss.

Steve Anderrson
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Source: https://www.thecoinrepublic.com/2023/11/12/fil-price-prediction-2024-2027-will-fil-reach-100-soon/