Markets· ★★· bearish·

Filecoin drops 6.58% to $1.05 after 55.8% monthly rally

  • —FIL fell 6.58% in 24 hours to $1.05 on $178.8 million volume
  • —30-day return stands at 55.8%, 14-day at 16.86%
  • —RSI at 60.3, MACD histogram remains positive
  • —Price holds above the $0.85 SMA-200, support at $1.03–1.04
Why it matters: A pullback after a sharp rally with no negative news tests trend strength: holding $1.03 will determine whether the uptrend continues.
Source: DiarioBitcoin