As the cryptocurrency market declines, Filecoin price drops

CoinNetwork · 2026-01-07T18:06:41+00:00

In the past 24 hours, Filecoin (FIL) decreased by 3.6% to $1.5218, echoing the overall weakness in the cryptocurrency market. The CoinDesk 20 index also fell by 3.6%. Trading volume increased by 30% compared to the 30-day average but remains below previous high thresholds, indicating strong market confidence. The token price fluctuated within the range of $0.08 (5.0%), reaching a high of $1.61 and a low of $1.52 during the session. Last night, trading volume surged to 7.3 million coins, 95% above the 24-hour average, coinciding with the price being blocked at the $1.60 resistance level and establishing a key support at $1.52. Subsequently, the price repeatedly tested the $1.59 to $1.60 range amid declining trading volume, forming a consolidation pattern with support above $1.55. Technical indicators suggest that if $1.52

CoinNetwork

2026-01-07 18:06:41

In the past 24 hours, Filecoin (FIL) fell 3.6% to $1.5218, echoing the overall weakness in the cryptocurrency market, with the CoinDesk 20 index also down 3.6%. Trading volume increased by 30% compared to the 30-day average but remains below previous high thresholds, indicating strong market confidence. The token price fluctuated within the range of $0.08 (5.0%), with an intraday high of $1.61 and a low of $1.52. Last night, trading volume surged to 7.3 million coins, 95% above the 24-hour average, coinciding with the price being blocked at the $1.60 resistance level and establishing a key support at $1.52. Subsequently, the price repeatedly tested the $1.59 to $1.60 range amid declining trading volume, forming a consolidation pattern with support above $1.55. Technical indicators show that if the support at $1.52 is broken, there is a downside risk.

FIL-2,84%

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