Filecoin falls to $1.13 ahead of October 15 token unlock
- —FIL trades at $1.13 on $165.76 million in daily volume, 14.17% below the 30-day average
- —Price holds above SMA-30 ($1.03) and SMA-200 but below SMA-5, SMA-7 and VWAP
- —RSI at 54.5 and stochastic at 52.7 signal a neutral bias, MACD histogram turns negative
- —An October 15 vesting unlock is flagged as possible supply pressure, with size and recipients undisclosed
Why it matters: The October 15 unlock could add selling pressure on FIL, though the lack of data on its size leaves the causal link unconfirmed.
Source: DiarioBitcoin