Popular crypto analyst Altcoin Sherpa, a peer-to-peer storage altcoin project backed by billionaires filecoin He suggested that is in an upward trend.
altcoin The analyst and trader, known by the pseudonym Sherpa, predicts that the Filecoin price may increase by more than 125% from its current value in the near future.
Based on the charts used by the analysis, one can see the prediction that FIL coin could use the 50% level of its trading range as support and rise as high as $16.20.
The billionaire Winklevoss twins, who made the first investment in Filecoin, invested through venture capital companies in 2017 and also founded the cryptocurrency exchange Gemini.
As reported by Koinfinans.com, Filecoin is trading at $7.19 at the time of writing, having fallen by approximately 5% in the last 24 hours.
Altcoin Sherpa is also an Ethereum (ETH) rival solanaHe predicts that (SOL) may retest the $100 level. Solana is trading at $104 at the time of writing, down more than 3.5% in the last 24 hours.
Sherpa recently stated that the decentralized payment platform Coti (COTI) could rise to $0.13 after testing the $0.09 level. COTI is trading at $0.092 at the time of writing, having fallen nearly 4% in the last 24 hours.
