Filecoin Price Rises to $2.44 with Significant Volume Surge
Filecoin (FIL) experienced significant upward movement in the last 24 hours, rising from $2.38 to $2.44.
Key points include:
- Strong support was established around the $2.38-$2.39 range, confirmed by high trading volume.
- During the 6:00 AM ET hour, transaction volume peaked at 7 million units, well above the average of 2.35 million units.
- Resistance is noted near $2.46, where price faced rejection during high-volume trading, forming a technical barrier.
- The current trading price reflects a 2.8% increase over 24 hours.
- The broader crypto market also saw gains, with the CoinDesk 20 index up 2.7%.
Filecoin will host a discussion on Spaces tomorrow regarding the future of AI.