The Filecoin (⟨c-15/⟩) currency recorded strong gains over the past 24 hours, rising by 4%, in a move that reflects increasing interest from institutions.
⟨c-54/⟩ experienced heavy trading volume during this period, with transactions reaching 2.65 million tokens, significantly exceeding the usual 24-hour average of 1.89 million tokens, according to the model.
Market data indicates a sustainable upward trajectory from its overnight lows, with resistance solidifying near the $2.38 level, while maintaining support above $2.33 throughout the session.
The rise in price ⟨t-46/⟩ coincided with a rise in the broader cryptocurrency market, with the broader Coind,,esk 20 index recently rising by 2.7%.
In recent trades, the price of ⟨c-67/⟩ increased.
up by 3.5% over 24 hours, trading around $2.36.
Technical Analysis:
A 24-hour price range of 5% between a low of $2.26 and a high of $2.38, contrasting with the compressed hourly range of 0.47%.
Trading activity exceeded 2.65 million units during key support tests, representing a 40% increase over the 24-hour average of 1.89 million units.
There is strong support at $2.29, while resistance is forming around $2.38, with the critical psychological level at $2.35 still under pressure.
A clear upward trend pattern from overnight trading lows with higher lows forming, despite bearish divergence appearing in the latest trading session with decreased trading volume.
⟨t-34/⟩ ⟨t-36/⟩ ⟨t-38/⟩ ⟨t-40/⟩