From Yahoo Finance: 2025-06-11 11:33:00

Filecoin (FIL) has shown a higher trading range amidst market volatility, with support levels at $2.68-$2.69 confirmed by price bounces. The token is up 3.6% in 24 hours, trading at $2.755. Ether (ETH) whales returning to the market may signal renewed interest in alternative cryptocurrencies. The CoinDesk 20 index was 0.8% higher at the time of publication.

In technical analysis, FIL-USD displayed resilient price action with a trading range of 2.642-2.735 (3.52% range). Strong support was seen at 2.680-2.690 with multiple bounces. A pivotal moment at 12:00 marked by exceptional volume (4.12M) led to bullish momentum consolidating above 2.710. However, a significant price swing in the last hour saw FIL-USD reach a peak of 2.735 before dropping to 2.713, coinciding with a spike in selling pressure at resistance levels. The asset has since established a consolidation pattern between 2.718-2.722, showing buyer interest around 2.718.



Read more at Yahoo Finance: Filecoin Rises 3.6% After Establishing Support Zone Around $2.68