Filecoin (Fil) increases up to 9 % in the course of the wider rally on the cryptom market.
Filecoin
rose by up to 9 % in the last 24 hours and climbed from USD 2.24 to $ 2.44, whereby an extraordinary volume of $ 2.30 support offered support, according to the technical analysis model from Coindesk Research.
The model showed that despite the general marine security, Fil established a strong support at $ 2.40.
Filecoin organizes an informal networking evening in Cannes on July 3. in Cannes, which is in line withEthCC“”
The upswing at Filecoin took place in parallel with the increase in the broader cryptom market, with the more comprehensive market index Coindesk 20 recently increased by 3.9 %.
Fil was 6.4 % higher for 24 hours in the recent trade and was noted at around $ 2.395.
Technical analysis:
- Fil moved within a range of $ 0.19 (8,5 %) Between the low of $ 2.24 and the maximum level of $ 2.44 over the last 24 hours.
- The most important price movement took place in the hour at 4:00 p.m. on July 2, with an increase of 5.2 % with a high trading volume (11 million units)which established strong support at $ 2.30.
- After Fil reached the value of $ 2.44 on July 3 at 7:00 a.m., it entered a consolidation phase, with increasing sales pressure formed by $ 2.42.
- During the 60-minute period from July 3, 11:50 a.m. to 12:49 p.m., Fil showed a high volatility with an upward trend to $ 2.42 at 12:30 p.m., followed by a significant correction from 4.5 % to $ 2.37.
- Remarkable volume jump (739,000 units) Between 12:30 p.m. and 12:31 p.m. the repentance triggered, with support established at $ 2.38.
- The decreasing volume in the last few minutes indicates consolidation after the volatile hour.
