Projected Downturn in Filecoin Price by End of May 2023

Our present Filecoin price forecast suggests a potential decrease of -15.31%, with a projected value of $ 3.73 by May 22, 2023. According to our technical analysis, the prevailing sentiment leans towards bearish, though the Fear & Greed Index displays a neutral value of 50. In the past 30 days, Filecoin has seen 12 out of 30 (40%) green days with a price volatility of 9.87%. Given our forecast for Filecoin, it currently seems to be an inopportune time for purchasing the cryptocurrency.