Filecoin (FIL) increases up to 4%, heavy volume suggests that institutional investors buy


Filecoine

He published solid profits during the last 24 hours, increasing up to 4%, a movement that reflects a high institutional interest, according to the technical analysis model of Cindensk Research.

Fil showed a large commercial volume during the period, with transactions that reach 2.65 million tokens, significantly exceeding the usual average of 1.89 million 24 hours, the model showed.

JWP-Player-Lugarholder

Market data indicates a sustained upward career of minimums during the night, with resistance establishing near the level of $ 2.38, while maintaining support above $ 2.33 during the session.

The Rally in Filecoin occurred when the broader cryptographic market also increased, with the broader market meter, Coindesk 20, recently 2.7%.

In recent negotiation, Fil was 3.5% higher for 24 hours, quoting around $ 2.36.

Technical analysis:

  • 24 -hour price range between $ 2.26 minimum and $ 2.38 peak, contrasting with the range of 0.47% compressed for the final time
  • Commercial activity exceeded 2.65 million units during key support tests, which represents 40% above the 24 -hour average of 1.89 million units
  • Strong support established in $ 2.29 with resistance that forms around $ 2.38 was established, while the critical psychological level of $ 2.35 remains under pressure.
  • Clean the trend pattern up the minimums during the night with the formation of higher minimums, although the bearish divergence arose in the final negotiation minutes with a decrease in volume.



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