Flow

Filecoin

Strong

The Flow Horse, an experienced cryptocurrency analyst using the pseudonym, predicts strong rallies for the decentralized exchange (<a href="https://en.coin-turk.com/uniswap-uni-the-uncontested-king-of-decentralized-exchanges/" data-wpel-link="internal" rel="noopener noreferrer nofollow">DEX</a>) Sushi (SUSHI) and popular <a href="https://en.coin-turk.com/opensea-introduces-a-new-feature-make-a-deal/" data-wpel-link="internal" rel="noopener noreferrer nofollow">NFT</a> collection Bored Ape Yacht Club-associated altcoin Apecoin (APE). The analyst also expects a significant breakout for Filecoin (FIL).
<h2 style="text-align: justify" id="strong-analyst-s-sushi-and-ape-analysis-strong">Analyst’s SUSHI and APE Analysis</h2>
The anonymous crypto analyst, The Flow Horse, stated that SUSHI has started to rise after reclaiming the $1 fundamental price level on the prominent <a href="https://newslinker.co/category/social-media/" data-wpel-link="exclude" rel="noopener noreferrer nofollow">social media</a> platform X. The analyst mentioned that if Sushi manages to stay around $1, it could provide investors with returns of up to 76%. The analyst said:
<blockquote>
 SUSHI has returned to the lowest levels of the 2022 range. I would have expected at least $1.50, then $1.80. Here’s another technical setup that looks great with a trading pair that has mostly stopped mocking.
</blockquote>
<img decoding="async" class="aligncenter size-full wp-image-276177" src="https://coin-turk.com/wp-content/uploads/2023/11/SUSHI-Altcoin.jpeg" alt="" width="1800" height="805">
Following SUSHI, the analyst looked at APE and stated that the altcoin is preparing for an upward rally. The Flow Horse commented on APE, saying, “I think it’s time for APE to rise. It has been very quiet while continuing on its own path in the rally cycle. I believe we will see much higher prices in the short term for APE. $1.50 is a key level, and it should hold above it. If it fails to hold, it will return to the dip levels seen in July of this year.”
<img decoding="async" class="aligncenter size-full wp-image-276176" src="https://coin-turk.com/wp-content/uploads/2023/11/APE-Apecoin-Altcoin.png" alt="" width="1577" height="763">
When looking at the analyst’s chart, it can be seen that the analyst predicts APE will rise to $1.80 if it convincingly breaks the $1.50 level.
<h2 style="text-align: justify" id="strong-rise-will-continue-for-filecoin-s-fil-strong">“Rise Will Continue” for Filecoin’s FIL</h2>
Another altcoin on The Flow Horse’s list is Filecoin, a cryptocurrency project designed to provide digital payment system for file storage and retrieval. The analyst noted that FIL could see further increases after surpassing the key resistance level of $5:
<blockquote>
 This is something else. FIL hasn’t even made its real breakout yet. It has risen since the post about absorption the other day, but it is still trading below the summer’s highest levels.
</blockquote>
<img decoding="async" class="size-full wp-image-276175" src="https://coin-turk.com/wp-content/uploads/2023/11/FIL-Filecoin-Altcoin.png" alt="" width="1582" height="769"> Continue Reading: <a href="https://en.coin-turk.com/the-flow-horse-strong-rallies-expected-for-sushi-ape-and-fil-altcoins/" data-wpel-link="internal" rel="noopener noreferrer nofollow">https://en.coin-turk.com/the-flow-horse-strong-rallies-expected-for-sushi-ape-and-fil-altcoins/</a>

The Flow Horse: Strong Rallies Expected for SUSHI, APE, and FIL Altcoins

Table of Contents

COINTURK NEWS

Other articles published on Nov 14, 2023

Imminent Bitcoin ETF Decision Could Shake Crypto Market, SHIB Lead Plans to Integrate Shubarium w...

Ethereum Spot ETFs: BlackRock Takes The Fight To SEC With New Filing

UK jobs surprise with lower unemployment and higher wages, stoking inflation concerns ahead of ke...

MATRIX TELEGRAM CHALLENGE

Riot Achieves Negative Cost in Bitcoin Mining

URI Stock (NYSE: URI) Ready to Fly, is URI a Wise Pick For 2024?

Join our free newsletter for daily crypto updates!