Is Filecoin on the rise?
Yes, November 8, 2021 has been on a long-term upswing since Filecoin, gaining 91.28 percent. The 200-day trendline is currently 93.9 percent away from the current price, 12.88 percent from the 100-day line, and -2.83 percent from the 50-day line.
The Filecoin price prediction for 2023
To get a more accurate idea of what might happen next year, let's take a closer look at the one-year forecast.
There was quite a range of predictions from different analysts about where the price of Filecoin would be in 12 months' time. The most optimistic said it could reach $6.79, while the most pessimistic said it could drop to $5.14.
However, the most recent average price target for the next year is $5.87, which is the most significant.
This means there is a possibility of Filecoin losing -0.24 percent of its value in 2023.
FIL - Relative Strength Forecast
FIL - Trend Prediction
FIL - Price Volatility Prediction
FIL - Relative Strength
FIL - Momentum Forecast
What Will Happen to Filecoin in 2025-2030?
The long-term prospects for Filecoin appear to be very good. According to the predictions of 2 different analysts, the value of Filecoin is expected to reach $5.84 by March 2025. Furthermore, their five-year forecast predicts that Filecoin will be worth $5.81 by 2027. Finally, by 2030, the long-term projection is that Filecoin will have a value of $5.77.