Filecoin Cruises Near Resistance, Now Attempts For A Breakout

Filecoin Cruises Near Resistance, Now Attempts For A Breakout

Filecoin (FIL) price action shows the formation of a flag and pole pattern that indicates a bullish movement. Filecoin price displays a robust uptrend with a bullish flag and pole pattern. Four-hour time frame for Filecoin showed the formation of a symmetrical triangle pattern Filecoin currently trades at a long-term supply range following a breach of short-term key resistance  Currently, Filecoin price trades at a long-term supply level after successfully breaching a short-term key resistance. Prior to the breach, FIL price has been in convergence for quite some time. With that said, the....


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Charted: Filecoin (FIL) Rally Takes Breather, Key Uptrend Support at $60 Intact

Filecoin (FIL) started a strong rally above the $60.00 and $65.00 resistance levels. The price is currently correcting lower, but there is a strong support near the $60.00 level. Filecoin price climbed sharply from the $52.00 support and surged over 50% against the US dollar. The price tested the $75.00 resistance and recently started a […]

How Filecoin is up 50% in a week and could take more profits

After a week of significant gains, Filecoin (FIL) is shaping up to become one of the biggest earning cryptocurrencies of the month. Journalist Colin Wu has recorded increasing interest in the cryptocurrency and its file-sharing platform: Filecoin surpassed $100, benefiting a large number of Chinese miners and investors. Reasons: the first investor token will be […]

TA- Filecoin (FIL) Price Bounces Back On Track As Price Eyes $10

Filecoin (FIL) has recently shown significant strength against tether (USDT) as the price prepares for a rally to the $8 mark. Despite showing some strength occasionally, the price of Bitcoin (BTC) remains volatile as this has affected FIL. Filecoin (FIL) has struggled to break through the $5 barrier, but it may now be poised to do so. (Data from Binance) Related Reading: A Date For The Mt. Gox Repayment Is Set, How Will This Affect Bitcoin? Filecoin (FIL) Price Analysis On The Weekly Chart  FIL prices have dropped from around $240 to $4, with the price struggling to stay afloat during the....

Filecoin network suffers temporary outage

The Filecoin network is recovering as miners upgrade to a new client after a four-hour network outage. Decentralized storage protocol Filecoin (FIL) came to a standstill on Dec. 19 as a bug caused instability on the network. According to a project status report issued by the Filecoin team: “The Filecoin network is halted with most nodes stuck at height 336459 with mismatched state compute error due to indeterminate behavior.”Based on the timeline given in the status update, it took less than four hours for the Filecoin dev team to fix the problem. As part of the solution, miners had to....