Solana

Filecoin

Show

SaucerSwap

Cosmos

<p>The crypto market is showing signs of recovery after a prolonged bearish period, with tokens like Filecoin’s FIL and Hedera’s HBAR among the top performers. According to data from Coinpedia’s analysis on TradingView, both FIL and HBAR have witnessed significant price jumps over the past weeks.</p>
<h2 class="wp-block-heading" id="strong-fil-price-soars-18-strong"><strong>FIL Price Soars 18%</strong></h2>
<p>Filecoin’s native token FIL has seen its price increase by 18%, comfortably breaking past the $7.50 level. This showcases strong bullish momentum for the token. Furthermore, Filecoin’s integration with the Solana ecosystem marks an important development that could enhance FIL’s utility and appeal.</p>
<figure class="wp-block-image size-large"><img loading="lazy" decoding="async" width="1024" height="362" src="https://captainaltcoin.com/wp-content/uploads/2024/02/image-745-1024x362.png" alt="" class="wp-image-441066" srcset="https://captainaltcoin.com/wp-content/uploads/2024/02/image-745-1024x362.png 1024w, https://captainaltcoin.com/wp-content/uploads/2024/02/image-745-300x106.png 300w, https://captainaltcoin.com/wp-content/uploads/2024/02/image-745-766x271.png 766w, https://captainaltcoin.com/wp-content/uploads/2024/02/image-745-1536x543.png 1536w, https://captainaltcoin.com/wp-content/uploads/2024/02/image-745-2048x724.png 2048w, https://captainaltcoin.com/wp-content/uploads/2024/02/image-745-424x150.png 424w, https://captainaltcoin.com/wp-content/uploads/2024/02/image-745-100x35.png 100w, https://captainaltcoin.com/wp-content/uploads/2024/02/image-745-989x350.png 989w, https://captainaltcoin.com/wp-content/uploads/2024/02/image-745-788x278.png 788w, https://captainaltcoin.com/wp-content/uploads/2024/02/image-745.png 1210w" sizes="(max-width: 1024px) 100vw, 1024px">
</figure>
<p>Given current trends, analysts have set a price target of $12 for FIL, indicating substantial upside potential from its current trading price of $7.51. With a market capitalization of $3.84 billion, Filecoin is ranked as the 27th biggest cryptocurrency by market value.</p>
<p>Additional factors driving bullish sentiments for FIL include a trend reversal signaled by a double bottom pattern and a rounding bottom formation with a neckline at $7.56. Trading volumes have also surged over 222%, underscoring significant buying interest. The <a href="https://x.com/aeyakovenko/status/1758737369220681895?s=20" target="_blank" rel="noopener noreferrer nofollow">integration</a> with Solana has also boosted market confidence in Filecoin’s ongoing uptrend.</p>
<h2 class="wp-block-heading" id="strong-hbar-jumps-25-strong"><strong>HBAR Jumps 25%</strong></h2>
<p>Likewise, Hedera’s HBAR token has jumped over 25%, breaking well above the $0.10 level. HBAR could be poised to challenge the $0.12 resistance level soon, as per Coinpedia’s technical analysis based on the 1.618 Fibonacci extension level.</p>
<figure class="wp-block-image size-large"><img loading="lazy" decoding="async" width="1024" height="361" src="https://captainaltcoin.com/wp-content/uploads/2024/02/image-746-1024x361.png" alt="" class="wp-image-441074" srcset="https://captainaltcoin.com/wp-content/uploads/2024/02/image-746-1024x361.png 1024w, https://captainaltcoin.com/wp-content/uploads/2024/02/image-746-300x106.png 300w, https://captainaltcoin.com/wp-content/uploads/2024/02/image-746-767x270.png 767w, https://captainaltcoin.com/wp-content/uploads/2024/02/image-746-1536x541.png 1536w, https://captainaltcoin.com/wp-content/uploads/2024/02/image-746-2048x721.png 2048w, https://captainaltcoin.com/wp-content/uploads/2024/02/image-746-426x150.png 426w, https://captainaltcoin.com/wp-content/uploads/2024/02/image-746-100x35.png 100w, https://captainaltcoin.com/wp-content/uploads/2024/02/image-746-994x350.png 994w, https://captainaltcoin.com/wp-content/uploads/2024/02/image-746-788x277.png 788w, https://captainaltcoin.com/wp-content/uploads/2024/02/image-746.png 1210w" sizes="(max-width: 1024px) 100vw, 1024px">
</figure>
<p>Estimates point to a potential 50% upside for HBAR, with $0.1699 as the next likely resistance zone. Sentiments have been bolstered by Hedera’s <a href="https://x.com/hedera/status/1754846420484477016?s=20" target="_blank" rel="noopener noreferrer nofollow">announcement</a> of a DeepTech Venture Studio in Saudi Arabia. Additionally, rising activity on HBAR-based decentralized exchange SaucerSwap has reinforced HBAR’s robust market position.</p>
<div class="wp-block-rehub-colortitlebox rh-colortitlebox" style="text-align:left;border-radius:5px;box-shadow:0 10px 10px #00000007;background-color:#fafafa;color:">
 <div class="rh-colortitle-inbox" style="background-color:var(--rehub-main-color);color:#fbfbfb;border-radius:5px 5px 0 0"><i class="rhicon rhi-bolt-regular rh-colortitlebox-icon" style="color:"></i>
  <div class="rh-colortitle-inbox-label">
   Transform Hundreds Into Millions With the Magic of Memecoins – think $BONK, but bigger! <img src="https://s.w.org/images/core/emoji/14.0.0/72x72/1f92b.png" alt="🤫" class="wp-smiley" style="height: 1em; max-height: 1em;">
  </div>
 </div>
 <div class="rh-colortitlebox-text">
  <style scoped>.rh-toggler-open{height:auto !important}
.rh-toggler-open .rh-tgl-show, .rh-toggler-open .rh-tgl-grad{display:none !important}
.rh-toggler-open .rh-tgl-hide{display:block !important}
.rh-tgl-show, .rh-tgl-hide{cursor:pointer}
.rh-contenttoggler *{box-sizing: border-box !important}
.rh-toggler-wrapper{overflow: hidden;transition: all 0.5s ease; padding-bottom: 35px; margin-bottom:30px;box-sizing: content-box !important;position: relative;}
.rh-toggler-wrapper p:last-of-type {margin-bottom: 0;}</style>
  <div class="wp-block-rehub-contenttoggler rh-contenttoggler" data-height="100px">
   <div class="rh-toggler-wrapper" style="height:100px">
    <p>The key? Getting in early, especially during the IDO phase. <strong><a href="https://captainaltcoin.com/go/ll_inside/" target="_blank" rel="noopener noreferrer nofollow">Get in on NuggetRush</a></strong> now! This innovative memecoin blends play-to-earn gaming with real-world gold mining. Join soon to take advantage of the<strong><a href="https://captainaltcoin.com/go/ll_inside/" target="_blank" rel="noopener noreferrer nofollow"> current ICO prices</a></strong>!</p> <span class="rh-tgl-trigger" style="text-align:center;position:absolute;z-index:2;bottom:0;left:0;width:100%;color:"><span class="rh-tgl-show" style="display:block">Show more +</span><span class="rh-tgl-hide" style="display:none">Show less –</span></span><span class="rh-tgl-grad" style="background-image:linear-gradient(to bottom,rgba(255,255,255,0) 0,#ffffff 100%);display:block;position:absolute;height:100px;bottom:0;left:0;z-index:1;width:100%"></span>
   </div>
  </div>
 </div>
</div>
<p>HBAR has also exhibited a clear trend reversal after breaking out of a falling wedge pattern on February 6th. The token is currently trading at around $0.107 after a minor pullback, likely indicating a brief consolidation phase. The RSI level entering overbought territory signals extremely bullish sentiments, aligned with the positive market view on HBAR potentially reaching $1 in the future.</p>
<p>You may also be interested in:</p>
<ul>
 <li><a href="https://captainaltcoin.com/kaspas-kas-token-soars-to-new-heights-surpassing-cosmos-atom-and-theta-tao/" target="_blank" rel="noopener noreferrer nofollow">Kaspa’s KAS Token Soars to New Heights, Surpassing Cosmos (ATOM) and Theta (TAO)</a></li>
 <li><a href="https://captainaltcoin.com/filecoin-fil-eyes-tripling-to-25-as-technicals-turn-bullish-and-solana-partnership-catalyzes-growth/" target="_blank" rel="noopener noreferrer nofollow">Filecoin (FIL) Eyes Tripling to $25 as Technicals Turn Bullish and Solana Partnership Catalyzes Growth</a></li>
 <li><a href="https://captainaltcoin.com/the-5-best-altcoins-to-watch-in-february-2024-which-altcoin-will-explode-in-2024/" target="_blank" rel="noopener noreferrer nofollow">The 5 Best Altcoins to Watch in February 2024: Which Altcoin Will Explode in 2024?</a></li>
</ul>
<div class="bigofferblock margincenter mb30 pt20 pl20 pr20 " style="">
 <div class="col_wrap_two mb0">
  <div class="offerbox_big_wrap flowhidden">
   <div class="image position-relative text-center col_item mobileblockdisplay img-maxh-350 img-width-auto"><a class="re_track_btn" href="https://captainaltcoin.com/go/ll_bottom/" target="_blank" rel="noopener noreferrer nofollow"> <img decoding="async" class="lazyload" data-skip-lazy="" data-src="https://captainaltcoin.com/wp-content/uploads/thumbs_dir/Copy-of-P2P-Review-17-qi3pqhl3pi3mlojv8nq0upz5rcb68rblc7kuvhcaou.png" width="500" alt="Check NuggetRush ($NUGX)" src="https://captainaltcoin.com/wp-content/themes/rehub-theme/images/default/blank.gif"> </a>
   </div>
   <div class="product-summary col_item mobileblockdisplay">
    <h3 class="product_title entry-title font150 lineheight25 mb30" id="a-class-re_track_btn-href-https-captainaltcoin-com-go-ll_bottom-target-_blank-rel-noopener-noreferrer-nofollow-span-check-nuggetrush-nugx-span-a"><a class="re_track_btn" href="https://captainaltcoin.com/go/ll_bottom/" target="_blank" rel="noopener noreferrer nofollow"> <span>Check NuggetRush ($NUGX)</span> </a></h3>
    <div class="rev_disclaimer font70 greencolor lineheight15 mb20">
     Sponsored: Invest Responsibly, Do Your Own Research.
    </div>
    <div class="buttons_col mb25 rh_big_btn_inline">
     <div class="priced_block clearfix">
      <div><a class="re_track_btn btn_offer_block" href="https://captainaltcoin.com/go/ll_bottom/" target="_blank" rel="noopener noreferrer nofollow"> Buy NUGX Today </a>
      </div>
     </div>
    </div>
    <div class="bigofferdesc"><i class="vertmiddle mr10 rhicon rhi-check-circle-solid greencolor font130"> </i>Being in its <strong>ICO stage</strong>, NuggetRush offers a prime opportunity for early investors to get in at potentially lower prices <br><i class="vertmiddle mr10 rhicon rhi-check-circle-solid greencolor font130"> </i>A unique <strong>play-to-earn</strong> gaming platform in the memecoin market <br><i class="vertmiddle mr10 rhicon rhi-check-circle-solid greencolor font130"> </i>The platform combines artisanal and <strong>gold mining</strong> with cryptocurrencies in an unusual gaming context, offering a distinctive and immersive experience <br><i class="vertmiddle mr10 rhicon rhi-check-circle-solid greencolor font130"> </i>Fosters a strong <strong>community </strong>by encouraging physical meetups among members <br><i class="vertmiddle mr10 rhicon rhi-check-circle-solid greencolor font130"> </i><strong>NFT</strong> Integration with Prominent Characters
    </div>
   </div>
  </div>
 </div>
</div>
<p>The post <a href="https://captainaltcoin.com/bulls-charge-ahead-filecoins-fil-and-hederas-hbar-see-price-surges-whats-fueling-the-fire/" rel="noopener noreferrer nofollow">Bulls Charge Ahead: Filecoin’s FIL and Hedera’s HBAR See Price Surges – What’s Fueling the Fire?</a> appeared first on <a href="https://captainaltcoin.com" rel="noopener noreferrer nofollow">CaptainAltcoin</a>.</p>

Bulls Charge Ahead: Filecoin’s FIL and Hedera’s HBAR See Price Surges – What’s Fueling the Fire?

Table of Contents

CaptainAltcoin

Other articles published on Feb 20, 2024

OpenAI’s GPT-4 Turbo receives stealth update for 2023

BNB Faces Challenge Maintaining $300 Level; AI Crypto on Track for $10 Million Presale Milestone

Kelexo (KLXO) peer-to-peer presale turn Binance Coin (BNB) & Ethereum (ETH) heads as 10x gains lo...

Galaxy Digital Expands Ethereum Investments Following Price Surge

Bitcoin to Win As Stocks Eye Major Crash: Max Keiser

Coinbase earnings suggest strong year ahead, though challenges abound

Join our free newsletter for daily crypto updates!