Filecoin Slips Below $1.20 After Two Failed Breakout Attempts
- —Price near $1.16, up about 7% on the day, still below September high of $1.22
- —The $1.19–$1.23 zone has rejected price twice, in January and May
- —Daily RSI near 67.22; price trades above 50-, 100- and 200-day SMAs
- —Key support at $1.04–$1.09; a break opens the $0.99–$1.01 area
Why it matters: A weekly close above $1.23 would confirm a structural shift and open the way to $1.30–$1.33; losing support would invalidate the recovery.
Source: Crypto Economy