Markets· ★★· neutral·

Filecoin (FIL) Jumps 7.76% to $1.17 on Volume 69.56% Above Average

  • —Price at $1.17: up 7.76% from open but below $1.24 prior close
  • —Volume of $327.4M is 69.56% above the 30-day average
  • —RSI at 58.6 and bullish MACD; ATR at 8.1% of price
  • —A 75% cut in FIL emissions is expected in October
Why it matters: The planned 75% emission cut could support prices, but FIL remains about 99% below its $234.80 all-time high.
Source: DiarioBitcoin