Filecoin (FIL) price climbs after breaking above $1.29 resistance zone
CoinDesk
Filecoin (FIL) price advanced 4.3% to $1.32, confirmed by an 87% volume surge above average, breaking key resistance.Summary
Filecoin (FIL) price increased by 4.3% to $1.32 over 24 hours, driven by institutional flows that pushed the token past critical resistance levels. This advance was validated by a significant volume surge, with 2.9 million tokens traded—87% above the average—at midnight UTC. This confirmed the break above the $1.29 resistance level, which is now considered new support, supported by a structure of ascending higher lows ($1.260, $1.277, and $1.291) signaling institutional accumulation. The immediate upside target for FIL is the $1.33-$1.335 resistance cluster, with risk/reward metrics favoring continued upward momentum above $1.32.
(Source：CoinDesk)