Filecoin Price Surges 9% with Strong Support at $2.40
Filecoin (FIL) increased by 9% in the past 24 hours, rising from $2.24 to $2.44, with significant support at $2.30. It has established strong support at $2.40 amid market uncertainty.
Key points:
- FIL traded within an $0.19 range (8.5%) between $2.24 and $2.44 over the last 24 hours.
- Most notable price movement occurred at 16:00 on July 2, with a 5.2% surge on high volume (11 million units).
- After peaking at $2.44 on July 3, FIL faced resistance around $2.42.
- Between 11:50 and 12:49 on July 3, FIL showed volatility, reaching $2.42 before correcting by 4.5% to $2.37.
- A volume spike of 739,000 units at 12:30-12:31 triggered the price reversal, establishing support at $2.38.
- Decreasing volume suggests consolidation following high volatility.
The broader crypto market also rose, with the Coindesk 20 index up 3.9%.