In accordance with Cryptonewsland, Filecoin (FIL) has cleared overhead sell walls, allowing the price to trade near $1.63 with support at $1.58 and resistance at $1.64. A breakout above $1.75 is seen as the key level for resuming the previous rally. The order book shows a structural change following the removal of sell walls, with a dense buy wall zone beneath the market reinforcing the support level. Price action remains within a narrow range, with traders closely watching for a move above $1.64 and the $1.75 threshold.
Filecoin Price Holds at $1.63 Amid Cleared Sell Walls, Eyes Break Above $1.75
CryptonewslandShare






Source:Show original
Disclaimer: The information on this page may have been obtained from third parties and does not necessarily reflect the views or opinions of KuCoin. This content is provided for general informational purposes only, without any representation or warranty of any kind, nor shall it be construed as financial or investment advice. KuCoin shall not be liable for any errors or omissions, or for any outcomes resulting from the use of this information.
Investments in digital assets can be risky. Please carefully evaluate the risks of a product and your risk tolerance based on your own financial circumstances. For more information, please refer to our Terms of Use and Risk Disclosure.