Filecoin [FIL] has not run linearly higher like many of its altcoin brethren. While it did post large gains in November and early December, the uptrend has been halted at a crucial higher timeframe resistance. AMBCrypto’s technical analysis of FIL showed that the bullish momentum of the asset was weak and that a move downward was likely. A look at the estimated liquidation levels as well as the price action of the past few weeks illuminated where the bulls could make a stand. The area from $4.61 to $5.71 represented a bearish breaker block on the one-week chart. The 12-hour chart above showed that FIL bulls faced difficulty breaching this zone of resistance in mid-November.
LIVE
Mkt Cap $2.29T
BTC Dom 56.75 %
BTC
$64,821.00
▼ -0.10%
ETH
$1,912.40
▼ -0.10%
USDT
$0.999319
▲ +0.00%
BNB
$589.95
▼ -0.90%
USDC
$0.999636
▲ +0.00%
XRP
$1.04
▼ -1.90%
SOL
$73.44
▼ -0.40%
TRX
$0.326844
▲ +0.00%
FIGR_HELOC
$1.04
▲ +1.50%
HYPE
$56.71
▲ +0.80%
DOGE
$0.069439
▼ -0.60%
USDS
$0.999889
▲ +0.00%
RAIN
$0.012735
▲ +1.40%
LEO
$9.77
▲ +0.00%
ZEC
$508.81
▲ +0.90%
ADA
$0.202216
▲ +6.40%
XMR
$368.62
▲ +1.50%
WBT
$56.05
▼ -0.20%
LINK
$8.22
▲ +0.40%
XLM
$0.161685
▼ -0.30%
DAI
$0.999977
▲ +0.00%
BCH
$215.74
▲ +0.30%
USD1
$0.999733
▲ +0.00%
USDE
$0.999646
▲ +0.00%
GRAM
$1.34
▼ -4.00%
Mkt Cap $2.29T
BTC Dom 56.75 %
BTC
$64,821.00
▼ -0.10%
ETH
$1,912.40
▼ -0.10%
USDT
$0.999319
▲ +0.00%
BNB
$589.95
▼ -0.90%
USDC
$0.999636
▲ +0.00%
XRP
$1.04
▼ -1.90%
SOL
$73.44
▼ -0.40%
TRX
$0.326844
▲ +0.00%
FIGR_HELOC
$1.04
▲ +1.50%
HYPE
$56.71
▲ +0.80%
DOGE
$0.069439
▼ -0.60%
USDS
$0.999889
▲ +0.00%
RAIN
$0.012735
▲ +1.40%
LEO
$9.77
▲ +0.00%
ZEC
$508.81
▲ +0.90%
ADA
$0.202216
▲ +6.40%
XMR
$368.62
▲ +1.50%
WBT
$56.05
▼ -0.20%
LINK
$8.22
▲ +0.40%
XLM
$0.161685
▼ -0.30%
DAI
$0.999977
▲ +0.00%
BCH
$215.74
▲ +0.30%
USD1
$0.999733
▲ +0.00%
USDE
$0.999646
▲ +0.00%
GRAM
$1.34
▼ -4.00%
BTC
$64,821.00
▼ -0.10%
ETH
$1,912.40
▼ -0.10%
USDT
$0.999319
▲ +0.00%
BNB
$589.95
▼ -0.90%
USDC
$0.999636
▲ +0.00%
XRP
$1.04
▼ -1.90%
SOL
$73.44
▼ -0.40%
TRX
$0.326844
▲ +0.00%
FIGR_HELOC
$1.04
▲ +1.50%
HYPE
$56.71
▲ +0.80%
DOGE
$0.069439
▼ -0.60%
USDS
$0.999889
▲ +0.00%
RAIN
$0.012735
▲ +1.40%
LEO
$9.77
▲ +0.00%
ZEC
$508.81
▲ +0.90%
ADA
$0.202216
▲ +6.40%
XMR
$368.62
▲ +1.50%
WBT
$56.05
▼ -0.20%
LINK
$8.22
▲ +0.40%
XLM
$0.161685
▼ -0.30%
DAI
$0.999977
▲ +0.00%
BCH
$215.74
▲ +0.30%
USD1
$0.999733
▲ +0.00%
USDE
$0.999646
▲ +0.00%
GRAM
$1.34
▼ -4.00%
Mkt Cap $2.29T
BTC Dom 56.75 %
BTC
$64,821.00
▼ -0.10%
ETH
$1,912.40
▼ -0.10%
USDT
$0.999319
▲ +0.00%
BNB
$589.95
▼ -0.90%
USDC
$0.999636
▲ +0.00%
XRP
$1.04
▼ -1.90%
SOL
$73.44
▼ -0.40%
TRX
$0.326844
▲ +0.00%
FIGR_HELOC
$1.04
▲ +1.50%
HYPE
$56.71
▲ +0.80%
DOGE
$0.069439
▼ -0.60%
USDS
$0.999889
▲ +0.00%
RAIN
$0.012735
▲ +1.40%
LEO
$9.77
▲ +0.00%
ZEC
$508.81
▲ +0.90%
ADA
$0.202216
▲ +6.40%
XMR
$368.62
▲ +1.50%
WBT
$56.05
▼ -0.20%
LINK
$8.22
▲ +0.40%
XLM
$0.161685
▼ -0.30%
DAI
$0.999977
▲ +0.00%
BCH
$215.74
▲ +0.30%
USD1
$0.999733
▲ +0.00%
USDE
$0.999646
▲ +0.00%
GRAM
$1.34
▼ -4.00%
