Filecoin, Pyth Network & Avalanche — Asian Wrap 23 February

Filecoin (FIL) price is trading with a bullish bias, making another bold attempt with the $10.00 target in sight after two previous attempts. However, the altcoin faces a strong opposition from a supplier barrier that will determine the next directional bias.

Pyth Network (PYTH) price has been on a decline for just over a week now, recording lower highs and lower lows. This came as traders cashed in on the sharp uptrend that lasted between February 8 and 14. The network kicked off the council elections on Thursday, an event expected to influence price.

Avalanche (AVAX) price has seen a tough second half of February with a price action characterized by lower highs and lower lows. With Bitcoin (BTC) still giving indecisive cues and the market leaning toward the downside, AVAX holders should probably brace fora more mucky rest of the week.


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