FileCoin showed strong momentum upwards over the past 24 hours and climbed from $ 2.38 to $ 2.44, according to Coindesk Research’s technical analysis model.
The model showed that the digital asset carved strong support foundations within $ 2.38- $ 2.39 corridor, supported by significant volume validation, which was particularly pronounced over 6:00 AM ET-Handel when transaction volume exploded to 7 million units, which dramatically exceeded the Session’s 2,398 level.
Technical resistance is materialized near the $ 2.46 threshold, with the price discovery encountered meaningful rejection under the identical high -volume window, establishing a final technical barrier to the trade session, according to the model.
Filecoin hosts a discussion of space tomorrow about the future of AI, according to a previous post on X.
In the recent trading file, 2.8% higher was over 24 hours and traded about $ 2.44.
The wider crypto market was also higher with the wide market meter, Coindesk 20, an increase of 2.7%.
Technical analyst
- File developed decisive from $ 2.38 to $ 2.44 over the past 24 hours
- Strong support established around $ 2.38- $ 2.39 zone with high-volume confirmation, especially clearly within 6:00 hours as volume increased to 7 million units.
- Volume significantly exceeded the 24-hour average of 2.35 million units, coinciding with a crucial jump from $ 2.40.
- The resistance occurred near $ 2.46, with the price action showing rejection during the high volume period, creating a clear technical ceiling for the session.
- Persistent momentum supported by uniform volume above average levels under key progress suggests institutional accumulation.
Disclaimer: Parts of this article were generated with the help of AI tools and reviewed by our editorial team to ensure accuracy and compliance with Our standards. For more information, see Coindesk’s full AI policy.
