Article4 months ago

Filecoin's Uptrend Stalls as Resistance Holds Strong

Filecoin's Uptrend Stalls as Resistance Holds Strong
Summary
  • Filecoin's uptrend has been stopped by a crucial resistance level on the higher timeframes.
  • The price has formed a range between $4.33 and $5.47, with the mid-range acting as recent resistance.
  • Technical analysis indicates that the momentum has shifted bearishly, with the RSI falling below 50 and the On-Balance Volume declining.

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