Filecoine REBOUND 6% of its minimum of 24 hours in a strong upward investment, according to the technical analysis model of Coindesk Research.
The model showed that Fil demonstrated resilience with a constant rise from the minimum of $ 2.15 to close to $ 2.31, delivering a 6.4% rebound indicating the underlying accumulation and the possible impulse of the investment of trends.
The FIL negotiation volume was 75% above 30 days averages, indicating an increased institutional interest.
The storage token established strong support levels during the rebound, according to the model.
The rebound in Filecoin occurred when the broader cryptographic market fell, with the broader market meter, Coindesk 20, 2.1%less.
In recent negotiation, Fil was 0.9% higher for 24 hours, quoting around $ 2.31.
Technical analysis:
- The price range covers $ 0.15 (6.8%) Between $ 2.31 peak and $ 2.15 channels during the 24 -hour session.
- The acute decrease of $ 2.26 to $ 2.15 on August 25 between 7 and 8 PM UTC, with a large volume of 15.1 million establishes support.
- The recovery pattern shows a rebound of 6.4% of $ 2.15 under $ 2.28 of closing, indicating the underlying accumulation.
- Breakout above $ 2.27 resistance at 11:50 AM UTC on August 26 triggers a sustained purchase pressure.
- The final rally of 20 minutes from $ 2.27 to $ 2.89 with a high volume greater than 150,000 tokens confirms institutional flows.
- Classical accumulation behavior with consolidation around $ 2.27 Support area at 11:47 AM UTC.
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