Filecoin (FIL) Price Prediction 2024, 2025–2030

Explore short and medium-term Filecoin price prediction analysis and check long-term Filecoin forecasts for 2025, 2030, and beyond

5-Day Prediction
$?4.68
1-Month Prediction
$?11.84
3-Month Prediction
Unlock
6-Month Prediction
Unlock
1-Year Prediction
Unlock
2025 Prediction
Unlock
2030 Prediction
Unlock
2040 Prediction
Unlock
2050 Prediction
Unlock

Loading...

Current Price $?3.58
Price Prediction $?11.84  (230.05%)
Fear & Greed Index 32 (Fear)
Sentiment Bearish
Volatility 5.26%
Green Days 17/30 (57%)
50-Day SMA $?3.72
200-Day SMA $?5.34
14-Day RSI 41.71

According to our current Filecoin price prediction, the price of Filecoin is predicted to rise by 230.05% and reach $?11.84 by November 10, 2024. Per our technical indicators, the current sentiment is Bearish while the Fear & Greed Index is showing 32 (Fear). Filecoin recorded 17/30 (57%) green days with 5.26% price volatility over the last 30 days. Based on the Filecoin forecast, it's now a bad time to buy Filecoin.

Disclaimer: This is not investment advice. The information provided is for general information purposes only. No information, materials, services and other content provided on this page constitute a solicitation, recommendation, endorsement, or any financial, investment, or other advice. Seek independent professional consultation in the form of legal, financial, and fiscal advice before making any investment decision.

Long-term Filecoin price prediction for 2025, 2026, 2027, 2028, 2029 and 2030

Based on the historical price movements of Filecoin and the BTC halving cycles, the yearly low Filecoin price prediction for 2025 is estimated at $?3.59. Meanwhile, the price of Filecoin is predicted to reach as high as $?17.07 next year. Using the same basis, here is the Filecoin price prediction for each year up until 2030.

YearYearly LowYearly High
2025 $?3.59 $?17.07
2026 $?6.13 $?14.52
2027 $?2.99 $?7.49
2028 $?3.28 $?7.01
2029 $?5.65 $?11.50
2030 $?10.47 $?23.14

Filecoin price prediction 2025

The Filecoin price prediction for 2025 is currently between $?3.59 on the lower end and $?17.07 on the high end. Compared to today’s price, Filecoin could gain 377.29% by 2025 if FIL reaches the upper price target.

Filecoin price prediction 2030

The Filecoin price prediction for 2030 is currently between $?10.47 on the lower end and $?23.14 on the high end. Compared to today’s price, Filecoin could gain 547.16% by 2030 if it reaches the upper price target.

Filecoin Price Forecast Based on Technical Analysis

Sentiment

Bearish

Based on data from October 11, 2024 at 16:17, the general Filecoin price prediction sentiment is bearish , with 10 technical analysis indicators signaling bullish signals, and 22 signaling bearish signals.

FIL price prediction was last updated on October 11, 2024 at 16:17.

Filecoin's 50-Day, 200-Day Simple Moving Averages and 14-Day Relative Strength Index - RSI (14)

Loading...

Based on our technical indicators, Filecoin's 200-day SMA will drop in the next month and will hit $?5.23 by Nov 10, 2024. Filecoin's short-term 50-Day SMA is estimated to hit $?5.81 by Nov 10, 2024.

The Relative Strength Index (RSI) momentum oscillator is a popular indicator that signals whether a cryptocurrency is oversold (below 30) or overbought (above 70). Currently, the RSI value is at 41.71, which indicates that the FIL market is in a neutral position.

Popular FIL Moving Averages and Oscillators for Fri, Oct 11, 2024

Moving averages (MA) are a popular indicator in all financial markets, designed to smooth price action over a certain amount of time. They are a lagging indicator which means they are influenced by historical price activity. In the table below you can find two types of moving averages, simple moving average (SMA) and exponential moving average (EMA).

Daily Simple Moving Average (SMA)

PeriodValueAction
SMA 3$?3.52BUY
SMA 5$?3.58SELL
SMA 10$?3.62SELL
SMA 21$?3.84SELL
SMA 50$?3.72SELL
SMA 100$?3.89SELL
SMA 200$?5.34SELL

Daily Exponential Moving Average (EMA)

PeriodValueAction
EMA 3$?3.71SELL
EMA 5$?3.69SELL
EMA 10$?3.67SELL
EMA 21$?3.73SELL
EMA 50$?4.01SELL
EMA 100$?4.57SELL
EMA 200$?5.14SELL

Weekly Simple Moving Average (SMA)

PeriodValueAction
SMA 21-$?35.07BUY
SMA 50-$?59.04BUY
SMA 100-$?40.80BUY
SMA 200-$?6.86BUY

Weekly Exponential Moving Average (EMA)

PeriodValueAction
EMA 21$?4.51SELL
EMA 50$?5.15SELL
EMA 100$?4.47SELL
EMA 200$?0.213828BUY

Filecoin Oscillators

An oscillator is a technical analysis tool that constructs high and low bands between two extreme values, and then builds a trend indicator that fluctuates within these bounds. Traders use the trend indicator to discover short-term overbought or oversold conditions.

PeriodValueAction
RSI (14)41.71BUY
Stoch RSI (14)--
Stochastic Fast (14)11.56BUY
Commodity Channel Index (20)-66.67NEUTRAL
Average Directional Index (14)13.43NEUTRAL
Awesome Oscillator (5, 34)-0.06NEUTRAL
Momentum (10)-0.29NEUTRAL
MACD (12, 26)-0.04NEUTRAL
Williams Percent Range (14)-88.44BUY
Ultimate Oscillator (7, 14, 28)44.17NEUTRAL
VWMA (10)3.59SELL
Hull Moving Average (9)3.65SELL
Ichimoku Cloud B/L (9, 26, 52, 26)3.82NEUTRAL

Filecoin Key Price Levels

Based on today's classical pivot point (P1) with the value of $?3.50, Filecoin has support levels of $?3.47, $?3.41, and the strongest at $?3.37. Similarly, Filecoin resistance levels are at $?3.56, $?3.60, and $?3.66.

Support Levels

#PriceStrength
S1$?3.47  
S2$?3.41  
S3$?3.37  

Resistance Levels

#PriceStrength
R1$?3.56  
R2$?3.60  
R3$?3.66  

Filecoin Correlation

Over the past 7 days, Filecoin price was most positively correlated with the price of Mina Protocol (MINA), Fetch.ai (FET), Axie Infinity (AXS), Wrapped Bitcoin (WBTC) and Bitcoin (BTC) and most negatively correlated with the price of TRON (TRX), Chiliz (CHZ), Uniswap (UNI), Zcash (ZEC) and Monero (XMR).

Positively Correlated Currencies

NameCorrelation
0.960
0.955
0.947
0.940
0.939

Negatively Correlated Currencies

NameCorrelation
-0.630
-0.603
-0.508
-0.442
-0.415

Filecoin price is positively correlated with the top 10 coins by market cap with a price of 0.794, excluding Tether (USDT) and positively correlated with the top 100 coins by market cap excluding all stablecoins with a price of 0.626.

Currencies that are positively correlated with Filecoin indicate that the movement of one has a statistically significant weight to lead the other in the same direction. For currencies that are negatively correlated with Filecoin, a move in one direction for Filecoin would translate into a move in the opposite direction for the negatively correlated coin.

Filecoin Price Prediction for Tomorrow and Next Week

DatePriceChange
Oct 12, 2024 $?3.59 0.00%
Oct 13, 2024 $?3.78 5.43%
Oct 14, 2024 $?4.03 12.41%
Oct 15, 2024 $?4.34 20.95%
Oct 16, 2024 $?4.68 30.46%
Oct 17, 2024 $?5.02 39.90%
Oct 18, 2024 $?5.34 48.98%
Show More

The Filecoin price forecast for the next 30 days is a projection based on the positive/negative trends in the past 30 days. Based on these Filecoin projections, FIL will be changing hands at $?5.34 on Oct 18, 2024, gaining 48.98% in the process.

Filecoin Historical Price Performance

Change1H24H7D1M3M6MYTD1Y3Y5YALL
FilecoinUS Dollar FIL/USD 0.11%2.55%-1.21%0.81%-15.55%-39.07%-46.27%11.94%-94.77%---88.36%
FilecoinBitcoin FIL/BTC -0.20%-0.42%-2.44%-8.90%-20.41%-37.39%-63.37%-52.10%-95.27%---97.87%
FilecoinEthereum FIL/ETH -0.13%0.62%-3.60%-4.50%9.61%-24.01%-49.20%-28.84%-92.52%---98.20%
FilecoinTether FIL/USDT 0.11%2.55%-1.21%0.81%-15.55%-39.07%-46.27%11.94%-94.77%---88.36%

To get a better idea of what could happen to the Filecoin price in the future, it’s helpful to also explore Filecoin’s price history. In the last month, the FIL/USD pair is down .

DateOpenHighLowCloseVolumeMarket Cap
Oct 11, 2023$?3.19$?3.21$?3.13$?3.17$?114.71M$?1.44B
Oct 11, 2022$?5.16$?5.23$?5.04$?5.13$?282.97M$?1.50B
Oct 11, 2021$?69.82$?74.18$?69.31$?73.24$?923.23M$?8.03B

Filecoin Price Prediction FAQ

What is Filecoin's price prediction today?

Based on our Filecoin prediction chart, the price of Filecoin will increase by 0.00% and reach $?3.59 by Oct 12, 2024

What is Filecoin price prediction for tomorrow?

Filecoin is predicted to gain 0.00% and reach a price of $?3.59 tomorrow.

What is the Filecoin price prediction for this week?

According to our Filecoin price prediction, FIL is forecasted to trade within a price range of $?3.59 and $?4.03 this week. Filecoin will increase by 12.41% and reach $?4.03 by Oct 14, 2024 if it reaches the higher value target.

What is the Filecoin price prediction for next week?

The Filecoin price prediction for next week is between $?4.03 on the lower end and $?5.04 on the high end. Based on our FIL price prediction chart, the price of Filecoin will increase by 24.94% and reach $?5.04 by Oct 21, 2024 if it reaches the upper price target.

What is the Filecoin price prediction for 2024?

Filecoin is forecasted to trade within a range of $?3.59 and $?17.07. If it reaches the upper price target, FIL could increase by 377.29% and reach $?17.07.

What is the Filecoin price prediction for 2025?

According to our Filecoin price prediction, FIL is forecasted to trade within a price range of $?3.59 and $?17.07 next year. Filecoin will increase by 377.29% and reach $?17.07 if it reaches the higher value target for 2025.

What is the Filecoin price prediction for 2030?

The Filecoin price prediction for 2030 is between $?10.47 on the lower end and $?23.14 on the high end. Based on our FIL price prediction chart, the price of Filecoin could gain 547.16% and reach $?23.14 if it reaches the upper price target.

Will Filecoin reach $1,000?

Filecoin would need to gain 27,865.68% to reach $1,000.  According to our Filecoin prediction algorithm, the price of Filecoin will not reach $1,000. The highest expected price our algorithm estimates is $?163.48 by Jan 1, 2048.

Will Filecoin reach $10,000?

Filecoin would need to gain 279,556.84% to reach $10,000.  According to our Filecoin prediction algorithm, the price of Filecoin will not reach $10,000. The highest expected price our algorithm estimates is $?163.48 by Jan 1, 2048.

Will Filecoin reach $100,000?

Filecoin would need to gain 2,796,468.44% to reach $100,000.  According to our Filecoin prediction algorithm, the price of Filecoin will not reach $100,000. The highest expected price our algorithm estimates is $?163.48 by Jan 1, 2048.

What is the current Filecoin sentiment?

The current Filecoin sentiment is bearish according to our technical analysis. The majority of technical indicators are showing sell.

What is the Filecoin Fear & Greed Index and what does it indicate?

Currently, the Filecoin Fear & Greed Index stands at 32, which means that investors’ sentiment is in the so-called Fear zone.

The Fear & Greed Index combines several market and investment indicators, including 30- and 90-day volatility, trading volume, social media activity, and Google Trends data. The Fear & Greed Index can be a useful measure of Filecoin investors’ sentiment, and is based primarily on Bitcoin-related market data.

Overall, the Fear & Greed Index indicates the current sentiment of the market, as follows: 0-24 extreme fear, 25-49 fear, 50 neutral, 51-75 greed, and 76-100 extreme greed. Some traders interpret a prevalent negative sentiment as a good buying opportunity, while a prevalent positive sentiment can be a good opportunity to sell.

Is it profitable to invest in Filecoin?

Over the last 30 days, Filecoin had 17/30 (57%) green days. According to our historical data, it is currently not profitable to invest in Filecoin. The price of Filecoin increased by 11.94% in the last 1 year, while the coin’s 3-year performance is -94.77%.

Is Filecoin a good buy in 2024?

Based on multiple technical quantitative indicators, the current forecast for Filecoin in 2024 is bearish. This could be an indication that Filecoin is a bad buy in 2024. However, it’s important to consider both technical factors (price history) and fundamental factors (on-chain activity and development) before making the decision to buy Filecoin or not.

What will the price of Filecoin be next week?

According to our Filecoin forecast, the price of Filecoin will increase by 30.46% over the next week and reach $?4.68 by October 16, 2024.

What will the price of Filecoin be next month?

According to our Filecoin forecast, the price of Filecoin will increase by 230.05% over the next month and reach $?11.84 by November 10, 2024.

What is Filecoin's 50-Day SMA and what does it indicate?

Filecoin’s 50-day SMA (simple moving average) is currently $?3.72. The 50-day SMA indicates the average price of Filecoin over a 50-day period. The 50-day SMA is commonly used to gauge the price trend of an asset over an intermediate period of time. A rising 50-day SMA indicates a positive FIL price trend in the medium term, while a dropping SMA indicates the opposite.

The 50-day SMA is calculated by adding together Bitcoin’s closing prices in the last 50 days, and dividing the total by 50.

What is Filecoin's 200-Day SMA and what does it indicate?

Filecoin’s 200-day is currently $?5.34. The 200-day SMA is a popular indicator that’s used to determine an asset’s long-term price trend. A rising Filecoin 200-day SMA indicates a positive long-term trend. Meanwhile, a falling 200-day SMA shows that FIL has been trending downwards over the long term.

Many cryptocurrency traders pay close attention to the markets when the current Filecoin price crosses an important moving average like the 200-day SMA.

The 200-day SMA is calculated by taking Filecoin’s closing prices in the last 200 days, adding them together, and dividing the total by 200.

What is Filecoin's 14-day RSI and what does it indicate?

Filecoin’s 14-day RSI is at 41.71, indicating that FIL is currently neutral.

The RSI (Relative Strength Index) is a very popular technical indicator used to analyze prices of a variety of assets, including Filecoin. Most commonly, the RSI is used on a 14-day time frame. The RSI is used to gauge momentum in the market. The readings produced by the RSI indicator range from 0 to 100, with 30 and 70 being important levels. An RSI reading under 30 indicates that the asset is currently undervalued, while an RSI reading above 70 indicates that the asset is currently overvalued.

Will Filecoin go back up?

Based on our algorithmically generated price prediction for Filecoin, the price of FIL is expected to decrease by 230.05% in the next month and reach $?11.84 on Nov 10, 2024. Additionally, Filecoin’s price is forecasted to gain 181.83% in the next six months and reach $?10.11 on Apr 9, 2025. Finally, Filecoin is expected to trade at $?9.61 on Oct 11, 2025, following a 167.89% value decrease in one year.

How does our price prediction for Filecoin work?

The Filecoin price prediction on CoinCodex is calculated using the historical Filecoin price dataset, accounting for past volatility and market movements. In addition, the algorithm uses the cyclical nature of Bitcoin halvings, which introduce extra supply-side pressure on BTC every 4 years. This has historically played a pivotal role in cryptocurrency markets and is a major component of creating a realistic Filecoin prediction.

Filecoin Price Analysis

How to read and predict Filecoin price movements?

Filecoin traders use a variety of tools to try and determine the direction in which the FIL market is likely to head next. These tools can roughly be divided into indicators and chart patterns. When trying to predict the Filecoin price, traders also try to identify important support and resistance levels, which can give an indication of when a downtrend is likely to slow down and when an uptrend is likely to stall.

Filecoin Price Prediction Indicators

Moving averages are among the most popular Filecoin price prediction tools. As the name suggests, a moving average provides the average closing price for FIL over a selected time frame, which is divided into a number of periods of the same length. For example, a 12-day simple moving average for FIL is a sum of FIL’s closing prices over the last 12 days which is then divided by 12.

In addition to the simple moving average (SMA), traders also use another type of moving average called the exponential moving average (EMA). The EMA gives more weight to more recent prices, and therefore reacts more quickly to recent price action.

50-day, 100-day and 200-day moving averages are among the most commonly used indicators in the crypto market to identify important resistance and support levels. If the FIL price moves above any of these averages, it is generally seen as a bullish sign for Filecoin. Conversely, a drop below an important moving average is usually a sign of weakness in the FIL market.

Traders also like to use the RSI and Fibonacci retracement level indicators to try and ascertain the future direction of the FIL price.

How to read Filecoin charts and predict price movements?

Most traders use candlestick charts, as they provide more information than a simple line chart. Traders can view candlesticks that represent the price action of Filecoin with different granularity – for example, you could choose a 5-minute candlestick chart for extremely short-term price action or choose a weekly candlestick chart to identify long-terms trends. 1-hour, 4-hour and 1-day candlestick charts are among the most popular.

Let’s use a 1-hour candlestick chart as an example of how this type of price chart gives us information about opening and closing prices. The chart is divided into “candles” that give us information about Filecoin’s price action in 1-hour chunks. Each candlestick will display FIL’s opening price, closing price, as well as the highest and lowest prices that Filecoin reached within the 1-hour period.

It’s also important to pay attention to the color of the candle – a green candle means that the closing price was higher than the opening price, while a red candle tells us the opposite. Some charts will use hollow and filled candlestick bodies instead of colors to represent the same thing.

What affects the price of Filecoin?

Just like with any other asset, the price action of Filecoin is driven by supply and demand. These dynamics can be influenced by fundamental events such as block reward halvings, hard forks or new protocol updates. Regulations, adoption by companies and governments, cryptocurrency exchange hacks, and other real-world events can also affect the price of FIL. The market capitalization of Filecoin can change significantly in a short period of time.

When trying to make a Filecoin forecast, many traders also try to monitor the activity of FIL “whales”, which are entities and individuals that control large amounts of FIL. Since the Filecoin market is relatively small compared to traditional markets, “whales” can single-handedly have a big influence on Filecoin’s price movements.

Bullish and bearish price prediction patterns

Some traders try to identify candlestick patterns when making cryptocurrency price predictions to try and get an edge over the competition. Some candlestick formations are seen as likely to forecast bullish price action, while others are seen as bearish.

Here are some of the most commonly followed bullish candlestick patterns:

Here are some common bearish candlestick patterns:

  • Hammer
  • Bullish Engulfing
  • Piercing Line
  • Morning Star
  • Three White Soldiers
  • Bearish Harami
  • Dark Cloud Cover
  • Evening Star
  • Shooting Star
  • Hanging Man
DISCLAIMER: Not Investment Advice
The information provided is for general information purposes only. No information, materials, services and other content provided on this page constitute solicitation, recommendation, endorsement or any financial, investment, or other advice. Seek independent professional consultation in the form of legal, financial, and fiscal advice before making any investment decision.

FIL
Filecoin
$?3.58
2.55% Last 24h
Alternative