š FIL Token ā Can Filecoin Recover in the 2025 Bull Run?
šļø June 2025 | #FIL #Filecoin #CryptoPrediction #BinanceSquare
Filecoin (FIL), the decentralized storage network token, is currently trading at $2.106, marking a -3.39% drop today. The 24-hour high and low sit at $2.189 and $1.966 respectively, with a sharp -61.56% decline over the last 6 months and -52.03% over the past year.
š Market Sentiment
The current trend shows consistent bearish pressure, with short-term resistance forming near $2.13 and support around the $2.00 zone. The MA60 line is also trending above the current price, indicating a bearish medium-term sentiment.
š Bull Run Outlook ā 2025 Prediction
While FIL has underperformed compared to many altcoins, historical cycles show strong bouncebacks during full-scale bull runs. If Bitcoin hits new ATHs and decentralized storage gains renewed interest, FIL could target $4.50ā$6.00 in the peak 2025 rally ā nearly 2xā3x from current levels.
ā Catalysts for Growth
Growing demand for decentralized cloud solutions
New partnerships or enterprise adoption of Filecoin storage
General crypto market rally led by BTC/ETH
ā ļø Risks to Watch
Weak token utility demand
Heavy downward trend since 2021 ATH
Strong sell pressure near resistance zones
š Conclusion
FIL is down but not out. If the market confirms a strong bull cycle in late 2025, Filecoin has room to grow ā but it must break out of its bearish structure first. Keep an eye on volume and news from the Filecoin ecosystem before entering.