Filecoin (FIL) has experienced considerable volatility in recent sessions. The altcoin has struggled to regain momentum, and sellers have regained control during the current session. FIL started the previous weekend on positive ground, rising by 3.50% on Saturday. Despite this, it recorded a sharp drop on Sunday, reaching an intraday low of $2.54 before closing at $2.62. Selling pressure intensified on Monday, with a drop of almost 6% and a close at $2.47. FIL recovered on Tuesday, rising by 6.51% to $2.63. Buyers maintained control on Wednesday, with an increase of 3.59% to $2.72.
FIL traded in the red again on Thursday, with a drop of almost 8% and a close at $2.51. Sellers maintained control on Friday, when the price fell to an intraday low of $2.39 before recovering and closing at $2.46, ultimately falling by 1.85%. FIL recovered over the weekend, rising by 2.43% on Saturday and 1.46% on Sunday, surpassing $2.50 and closing at $2.56. In the current session, FIL has dropped almost 5%, trading around $2.44.