Filecoin Shows Rebound Potential While Chainlink Eyes Critical Resistance
By: bitcoin ethereum news|2025/05/04 23:45:48
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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/
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