bitcoin
bitcoin

$101767.769808 USD

2.79%

ethereum
ethereum

$3684.048395 USD

0.58%

xrp
xrp

$2.406147 USD

-0.25%

tether
tether

$1.000186 USD

0.06%

solana
solana

$217.518802 USD

0.83%

bnb
bnb

$729.243908 USD

2.36%

dogecoin
dogecoin

$0.391638 USD

1.45%

usd-coin
usd-coin

$0.999992 USD

0.01%

cardano
cardano

$1.087980 USD

-0.10%

tron
tron

$0.269760 USD

2.28%

avalanche
avalanche

$43.980407 USD

0.93%

sui
sui

$5.078505 USD

-3.11%

chainlink
chainlink

$23.534950 USD

-2.01%

toncoin
toncoin

$5.709071 USD

-0.73%

shiba-inu
shiba-inu

$0.000024 USD

-0.49%

Cryptocurrency News Articles

Filecoin and Tezos Capture Investors' Attention with a Recent Surge

Jan 03, 2025 at 02:43 pm

Filecoin continues to capture investors’ attention with a recent surge. The FIL price has recorded a weekly surge of over 3%, with the uptrend momentum

Filecoin and Tezos Capture Investors' Attention with a Recent Surge

Filecoin price is up over 3% in the past week, continuing an uptrend that could see the token rally towards the $20 mark in Q1. Meanwhile, despite a promising 2024, Tezos price performance is yet to impress, having lost 80% of its value in 2022. However, things are looking up for XTZ, setting the stage for gains in 2025.

Filecoin price is up over 3% in the past week, continuing an uptrend that could see the token rally towards the $20 mark in Q1. Meanwhile, despite a promising 2024, Tezos price performance is yet to impress, having lost 80% of its value in 2022. However, things are looking up for XTZ, setting the stage for gains in 2025.

Filecoin price is up over 3% in the past week, continuing an uptrend that could see the token rally towards the $20 mark in Q1. Meanwhile, despite a promising 2024, Tezos price performance is yet to impress, having lost 80% of its value in 2022. However, things are looking up for XTZ, setting the stage for gains in 2025.

Filecoin is a decentralized storage network that allows users to rent out unused hard drive space, creating a unique marketplace for data storage. Launched in 2025 by Protocol Labs, Filecoin is perfectly designed to transform how data is stored online while offering a more efficient, cost-effective, and secure alternative to traditional cloud storage services.

With such a unique capability, Filecoin’s price has already seen some gain over the past few days, hovering above the $5 region. While such a price is far beyond its ATH achieved in April 2021, the FIL token is setting a path for a significant rally in Q1. Filecoin price has climbed above its key resistance levels while trading above its 100-day exponential moving average of $5.069, indicating a breakout from a prolonged downtrend.

If Filecoin’s price movement sustains bullish momentum, its next target will be the $10 region while eying the $20 mark. Similarly, the $5 level is emerging as a crucial support level. Maintaining a close above this region could solidify the bullish trend and set a better stage for swift gains in Q1.

Tezos price remained relatively modest in 2024, fluctuating between $0.50 and $1.20, having found stability after previous volatility. However, a breakout past the $0.7 region set the stage for moderate gains to trade above the $1.3 region. The XTZ price entered a bullish phase, peaking at $1.60 on March 12 before dipping to $0.60 by August 5.

This marked the lower boundary of its support zone, with a small dip to $0.54. Since then, Tezos’s price has formed a symmetrical triangle, a sign of a potential consolidation followed by a surge. On the hourly chart, the price of Tezos appears to have developed a five-wave pattern within the triangle, possibly completing an ABCDE correction.

Supported by technical indicators, Tezo’s recent movement could lead to more gains in 2025 as the XTZ token seeks to reclaim the $4 region before aiming for more gains in Q1. The RSI at 51 suggests a building buying pressure that could propel more gains as the crypto market regains a bullish outlook.

Combining the simplicity of fiat with the efficiency and speed of cryptocurrency, Remittix is set to revolutionize cross-border payments. Remittix (RTX) will allow users to easily translate crypto into fiat and send it to bank accounts worldwide using blockchain technology and local payment networks.

Moreover, Remittix will ensure the amount transmitted is what the recipient will receive with a clear pricing structure and lower fees than conventional banks. This will offer companies and individuals a quick, safe, and affordable solution. With such capabilities, Remittix is positioned to attract a massive user base as the global demand for crypto-based payment solutions intensifies.

The Remittix platform is also user-friendly and easily accessible with merchant accounts. It provides configurable cash-out options with over 30 fiat currencies and the ability to manage 50-plus crypto pairs. With such features, early adopters will find the RTX token appealing, with a price of $0.0172.

Remittix is a potential platform for investors seeking long-term gains from the ever-growing crypto sector. Its presale funding has reached over $1 and is set to reach the $2M milestone by the end of January 2025.

Filecoin and Tezos have been showing promising signs

News source:techbullion.com

Disclaimer:info@kdj.com

The information provided is not trading advice. kdj.com does not assume any responsibility for any investments made based on the information provided in this article. Cryptocurrencies are highly volatile and it is highly recommended that you invest with caution after thorough research!

If you believe that the content used on this website infringes your copyright, please contact us immediately (info@kdj.com) and we will delete it promptly.

Other articles published on Jan 07, 2025