filecoin
According to Coindesk Research’s technical analysis model, measured volatility has been shown in the past 24 hours, and within the trading range in the past 24 hours.
The model shows that despite the mid-term drop to $2.39 at 16:00, Filecoin staged a textbook recovery and bounced 5%.
The model says that during the correction phase, the increase in trade volume exceeded 2.8 million vehicles, indicating institutional participation, while the continued quantity during the recovery period confirms the complex buyer interests of market strategists at the strategic price level.
According to one Post on X. This new system connects high-speed smart contracts to secure data infrastructure through Filecoin virtual machines.
The rally held by Filecoin is a 3.1% increase recently as the broader crypto market rises, Coindesk 20.
In recent deals, FIL was 2% higher in 24 hours, trading at about $2.50.
Technical analysis:
- The FIL shows controlled volatility in the $0.13 range, representing a 5.4% spread between the $2.39 conference low and $2.52.
- Starting from 19:00, a strategic upward momentum emerged, and the recovery of the system ran through the night meeting
- During the correction window of 14:00-16:00, a higher volume of activities with a volume of more than 2.8 million units confirmed the level of institutional participation.
- In the 10:06-10:07 window, the volume acceleration exceeds 50,000 units, confirming the ongoing institutional momentum, which market strategists interpret as evidence of ongoing corporate adoption potential.
Disclaimer: Part of this article was generated with the assistance of AI tools and reviewed by our editorial team to ensure accuracy and compliance Our standards. For more information, see Coindesk’s complete AI policy.
