Filecoin: Ready for a Breakout? Analysis of a Long AccumulationFilecoin has been consolidating around its all-time lows for about two years now, marking a very long accumulation period that, in my opinion, will lead to an inevitable upward explosion once the main resistances are broken. At this moment, the first thing the price should do is break the trendline that has been suppressing it since the beginning of the year. Once this is broken and the price consolidates above $3, it should move toward $8, which is the last significant resistance where a reversal occurred. Once that resistance is broken, the bull market for FIL will truly begin. Given the project's fundamentals, I believe it is absolutely the most undervalued coin. Thank you all for your attention.
