Filecoin Shows Rebound Potential While Chainlink Eyes Critical Resistance

By: bitcoin ethereum news|2025/05/04 23:45:48
0
Share
copy
In recent technical analyses shared by crypto analyst Ali (@ali_charts), two major altcoins—Filecoin (FIL) and Chainlink (LINK)—are showing distinct yet pivotal signs that could shape their short-term price trajectories. Filecoin is currently testing the lower boundary of its trading channel, trading around $2.64 at the time of analysis. According to Ali, the TD Sequential—a widely used momentum-based indicator—has just flashed a buy signal. This technical cue often precedes short-term reversals, suggesting that FIL may be poised for a rebound after recent downward pressure. The chart shared by Ali highlights a series of nine consecutive bearish candles, culminating in the buy signal on the TD Sequential. Historically, such patterns have preceded brief recoveries or a stabilization phase, making this a critical moment for traders watching FIL’s next move. Chainlink ($LINK) Faces Major Resistance at $15 On the other hand, Chainlink is approaching a decisive resistance level at $15. As Ali points out, this price zone is not only psychologically significant but also represents a concentration of “out of the money” holders—investors who bought above current prices and may look to exit at breakeven. The accompanying data visualization shows a cluster of red bubbles around the $14.78–$15.22 range, representing high-volume addresses likely to sell at resistance. If LINK can break through this level with convincing volume, it may open the path toward higher highs and renewed bullish momentum. Reporter at Coindoo Kosta has been a part of the team since 2021 and has solidified his position with a thirst for knowledge, incredible dedication to his work and a “detective-like” mindset. He not only covers a wide range of trending topics, he also creates reviews, PR articles and educational content. His work has also been referenced by other news outlets. Related stories Next article !function(f,b,e,v,n,t,s){if(f.fbq)return;n=f.fbq=function(){n.callMethod?n.callMethod.apply(n,arguments):n.queue.push(arguments)};if(!f._fbq)f._fbq=n;n.push=n;n.loaded=!0;n.version='2.0';n.queue=[];t=b.createElement(e);t.async=!0;t.src=v;s=b.getElementsByTagName(e)[0];s.parentNode.insertBefore(t,s)}(window,document,'script','https://connect.facebook.net/en_US/fbevents.js');fbq('init','1188189499475368');fbq('track','PageView'); Source: https://coindoo.com/filecoin-shows-rebound-potential-while-chainlink-eyes-critical-resistance/

You may also like

Dune Stablecoin Research: The Flow and Demand of a $300 Billion Market

In the dataset, transfers are no longer simply labeled as pure "transaction volume," but are classified as different on-chain activities. This is the difference between "just knowing that $100 trillion has been transferred" and "understanding why it was transferred."

Stripe Annual Letter: New cognitive density is extremely high, especially the 5-level model of "AI + Payments"

Every trend here is affecting everyone's future survival.

Sam Altman's Twenty-Four Hours: The Pentagon said "no" twice, but only one was serious

In Silicon Valley, Altman's sub-12-hour move has a name. It's not called backstabbing, it's called timing.

The US-Iran Conflict Spreads to the Crypto Space: What to Expect in the Market on Monday

The most important industry in the crypto world, only 300 kilometers away from the missile's impact point

Lily Liu, the chair of the Solana Foundation, shouted "Don't waste time on crypto," is the crypto industry really dead?

The interest of the younger generation is shifting from cryptocurrency to the field of artificial intelligence, which coincides with the current phenomenon in the cryptocurrency industry.

The little deer live by the water and grass

Mining companies have never been the most devout believers in Bitcoin. Under the pressures of halving compressing profits, financial reports showing revenue growth without profit increase, and coin prices falling below mining costs, the industry is collectively de-risking.

Popular coins

Latest Crypto News

Read more