Filecoin (FIL) displayed sharp volatility with a trading range of over 6% during the last 24-hours, according to CoinDesk Research's technical analysis model. The token broke key support at the $2.38 level on high volume, the model showed. AI platform SingularityNET has chosen Filecoin for metadata storage through Lighthouse, according to a post on X. … Read more
Filecoin (FIL) rose as much as 2% in the last 24-hours after defending key support at the $2.38 level, according to CoinDesk Research's technical analysis model. The model showed that the token traded in a $0.16 range between $2.38-$2.55, marking 6.7% intraday volatility. Volume exploded to 13.11 million tokens at July 30 19:00, quadruple the … Read more
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 exhibited remarkable bullish strength in the last 24 hours, climbing from $2.44 to $2.65 in a decisive 9% advance, according to CoinDesk Research’s technical analysis model. The momentum intensified notably during the 16:00-21:00 timeframe on July 10, as price rocketed from $2.44 to $2.58 amid extraordinary trading volume of 8.18 million tokens at the … 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