Filecoin Price Analysis: Will Filecoin Price Fall to $4 in May? Buy Opportunity?

Filecoin Price Analysis: In the 4-hour time frame chart, the Filecoin price shows the formation of a bearish pennant pattern. In theory, this chart setup offered a temporary pause from the prevailing downtrend only to trigger an aggressive downfall upon the breakdown of its support trendline. Here’s how this pattern could further influence the FIL’s price future trend.