Filecoin rose 3.74% to $2.64 in the past 24 hours, forming a distinct uptrend characterized by progressive higher lows, according to CoinDesk Research’s technical analysis model. The rally produced lows at $2.54 and $2.55 that served as reliable support zones, while encountering initial resistance near $2.62-$2.63 before achieving a decisive breakthrough during Asian market hours. … Read more
Filecoin posted solid gains during the last 24 hours, rising as much as 4%, a move that reflects heightened institutional interest, according to CoinDesk Research’s technical analysis model. FIL showed heavy trading volume during the period, with transactions reaching 2.65 million tokens, significantly exceeding the usual 24-hour average of 1.89 million, the model showed. Market … Read more
CoinDesk Analytics is CoinDesk’s AI-powered tool that, with the help of human reporters, generates market data analysis, price movement reports, and financial content focused on cryptocurrency and blockchain markets. All content produced by CoinDesk Analytics is undergoes human editing by CoinDesk’s editorial team before publication. The tool synthesizes market data and information from CoinDesk Data … Read more
CoinDesk Indices presents its daily market update, highlighting the performance of leaders and laggards in the CoinDesk 20 Index. The CoinDesk 20 is currently trading at 2955.67, down 0.4% (-11.81) since 4 p.m. ET on Thursday. Nine of 20 assets are trading higher. Leaders: AAVE (+3.0%) and APT (+2.2%). Laggards: FIL (-2.0%) and XRP (-1.8%). … Read more
CoinDesk Analytics is CoinDesk’s AI-powered tool that, with the help of human reporters, generates market data analysis, price movement reports, and financial content focused on cryptocurrency and blockchain markets. All content produced by CoinDesk Analytics is undergoes human editing by CoinDesk’s editorial team before publication. The tool synthesizes market data and information from CoinDesk Data … Read more