Thankfully this is one of the easier tasks. First you need to have the password for the previous level which you can watch get by watching the video below (best watched full screen)
Now with a few commands and we will have the next password, commands are in bold
bandit14@melinda:~$ telnet
telnet> open
(to) localhost:30000
telnet: could not resolve localhost:30000/telnet: Name or service not known
telnet> open
(to) localhost 30000
Trying 127.0.0.1...
Connected to localhost.
Escape character is '^]'.
4wcYUJFw0k0XLShlDzztnTBHiqxU3b3e
Correct!
[THE PASSWORD WILL BE DISPLAYED HERE IN YOUR TERMINAL]
watch the video here