This week, the focus is on Filecoin and Algorand, which are showing significant changes in the cryptocurrency market. We review key events and trends.
Filecoin (FIL): Strengthening Price and Breaking Resistance
Filecoin (FIL) has recently shown a 3.74% increase, reaching $2.64. Support was confirmed at $2.54 and $2.55, while resistance between $2.62 and $2.63 was broken during trading. Trading volume also surged, hitting 5.4 million, which is above the daily average of 2.8 million.
Algorand (ALGO): Technical Analysis and Breakout Potential
Algorand (ALGO) is showing a bullish signal after forming a double bottom. If the $0.285 resistance is cleared, a rise to $0.47 is possible. There's a chance that the technical structure indicates a needed breakout.
Market Trends: Overview of the BlockDAG Referral Program
BlockDAG has developed an interesting program offering users to earn 25% BDAG for every new client. Participants can accumulate BDAG without spending their own money, which attracts attention to this platform.
The cryptocurrency market continues to showcase diverse investment opportunities. Filecoin and Algorand are showing positive trends, while BlockDAG offers intriguing growth mechanisms. Stay tuned for developments in the coming weeks.
