Surprising move from Filecoin (FIL): Moving to the top!

Blockchain-based storage project Filecoin (FIL) showed itself with the price movements in recent days.

Filecoin (FIL), a blockchain-based decentralized and peer-to-peer online storage network, attracted attention with its rapid rise. Increasing interest in cloud technology and storage activities has brought an increase in many altcoins that are active in this field, especially FIL. FIL, which performed at a rate of 13.06 percent in the last 24 hours, challenged the top spot by ranking second in the "Most Most Rising" list.

Screenshot 2024 02 20 09.24.15## It's at the decision stage!

FIL, which managed to maintain $ 5,096 as support, exceeded $ 7 in a short time, showing a total increase of 60 percent. Leaving critical resistance levels behind one by one, the popular coin may experience larger increases as the cloud technology trend strengthens. In such a scenario, $8,448 – $9,498 – $10,692 – $11,844 and $13,322 can be targeted respectively. In particular, the $12,874 – $13,322 range should be considered as a seller area.

If cloud technology and storage services do not receive sufficient attention, BTC has difficulty staying above $ 50,000, or in a period when BTC dominance increases, the danger for FIL will begin. In such a scenario, a test of $7,375 and $6,416 may come first. Afterwards, 5,096 – 4 – 3.1 and 2.42 dollars should be followed as support levels, respectively.

Ekran Resmi 2024 02 20 09.44.00

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