Filecoin's FIL Token Surges, Breaks Key Resistance

Filecoins token, FIL, surged by 4.3% in the last 24 hours, reaching $1.32, driven by robust institutional buying. This surge broke through key resistance levels, with a volume spike of 2.9 million tokens, 87% above the average. The $1.29 level flipped from resistance to support, and the next hurdle is the $1.33-$1.335 zone. The broader crypto market also gained, with the CoinDesk 20 index up 2.5%. Filecoins momentum suggests potential extended upside.The Daily News Now! — Every city. Every story. AI-powered. Hosted on Acast. See acast.com/privacy for more information.