Markets· ★★· bearish·

Filecoin falls 5.66% to $1.08, tests near-term support at $1.06

  • —Price at $1.08, down 5.66% on the day within a $1.08–$1.20 range
  • —Trading below the 5-, 7-, 10- and 20-day SMAs but above the 30–200-day averages
  • —24-hour volume of $182.17 million, 6.83% below the 30-day average
  • —Market cap $903.24 million; RSI 50.4 with a bearish MACD
Why it matters: A break below $1.06 would extend FIL's slide, while holding the level could set up a rebound toward short-term averages.
Source: DiarioBitcoin