Filecoin price analysis: FIL/USD Hopes to retrace to $90 this week?

TL;DR Breakdown Filecoin price analysis has turned neutral.The Filecoin market is quite stable for now.Overall, the cryptocurrency market is bearish today.RSI and MACD indicators hint an increase in price in the coming hours.Good chances for Filecoin to hit the $90 mark this week.It is a suitable time for day-traders to make some short-term profits. Our Filecoin price analysis today reveals that the market has been bullish. However, significant fluctuation in the price was not observed. For the most part, the price today kept hovering near yesterday’s closing price of $84.696 indicating market stability. Cryptocurrency heat map by Coin360 The entire market today seems to have a bearish sentiment though. Based on the heat map above, Bitcoin marked a decrease of 0.63 percent. On the other hand, Ethereum lost its value by over 4 percent. While Filecoin has not undergone a significant increase, the market has mostly just retraced the slight dips from yesterday. Filecoin Price Chart by TradingView The 1-Day Filecoin Price Analysis graph reveals the current price of $86.527, which is close to $84.696 (yesterday’s closing price). Furthermore, the RSI is currently at 54.24, hence suggesting that the market is somewhat balanced. The gradient of the RSI curve is nearly zero, which is an indication that the market is going to remain stable for the next couple of hours. 24-hours Filecoin price analysis – Bullish signals emerge F...