• $190 FIL bull target price nears as the anticipated altseason phase nears. 

  • Analyst expects a bullish pump of over 6,600% for altcoin Filecoin. 

  • The coming altseason peak phase sees altcoins showing several bullish indicators.

Expectations for the long-awaited altseason peak phase to arrive are slowly nearing their end, according to many reputed crypto analysts. Now with BTC heading to reclaim its previous ATH target at $111,000, and the price of ETH heading towards claiming $3,200, other potential altcoins are also showing highly bullish signs. One analyst says a $190 FIL bull target price nears and expects a pump of over 6,600 for altcoin Filecoin.

$190 FIL Bull Target Price Nears

Several highly promising altcoins have been showing strong bullish signals on their respective price charts since before the ongoing bull cycle began. These altcoins include Ethereum (ETH), Ripple’s XRP, Cardano’s ADA, Fantom (FTM), Filecoin (FIL), and SUI, among many other highly bullish altcoins. However, so far in the bull cycle, only a few altcoins like SUI, FET, and ONDO have gone on to set new ATH prices. 

Thus, analysts are patiently waiting for legacy altcoins like ETH, FTM, FIL, XRP, SHIB, VET, ADA, and others to pump soon. In fact, many believe that these legacy altcoins will only pump once the price of Ethereum (ETH) begins to pump, meaning that ETH hitting new ATHs will likely be the trigger that ushers in the ongoing cycle’s long-awaited altseason. However, as the crypto market waits to lead the altseason surge, altcoins are preparing bullish structures to prepare for these significant expected surges.  

So far, analysts are pleased to see ETH reclaim the $2,700 price barrier and have now identified that the price of ETH is trying to break the 200-Day MA for the fifth time. If, in this case, the fifth time is the charm, then the price of ETH is expected to jump to the $3,200 pump target, further bolstering the expectations for altseason to arrive. Of the many bullish altcoins in the crypto market at the moment, Filecoin (FIL) is drawing traders’ attention at the moment. 

Analyst Expects Bullish Pump of Over 6,600% for FIL Price

https://twitter.com/JavonTM1/status/1932197008653033575

As we can see from the post above, this reputed crypto analyst, who has made plenty of accurate predictions so far, has shared multiple bull charts for several crypto assets, and this one depicts a bullish pump chart for the altcoin Filecoin (FIL). In particular, this analyst says that the price of FIL is preparing to make a bull pump of over 6,600%, indicating a major upside in FIL price, bringing it to $190, likely in the altseason peak phase. 

According to CoinMarketCap analytics, the price of FIL is currently sitting at $2.59, indicating the price is up by 5.14% in the last day. The altcoin is currently boasting a total market cap of $$1,753,011,824.86 and a 24-hour trading volume of $$126,303,018.37. The altcoin had also set an ATH record at $237.24 FIL price 4 years ago. Analysts are unsure how high FIL can go this bull cycle; for now, a bull target of $190 is expected.