TL;DR Breakdown Filecoin price analysis is bullish for today.FIL/USD found support at $80 yesterday.Filecoin is ready to rally today. Filecoin price analysis is bullish for today as the market has set a higher low over the last 24 hours above the $80 mark. Therefore, we expect FIL/USD to rally higher today and look to reach above the $94 previous high next week. Cryptocurrency heat map. Source: Coin360 The cryptocurrency market traded in the green over the last 24 hours. Bitcoin saw a slight gain of 0.11 percent, while Ethereum was up by 0.15 percent. Cardano (ADA) continues to dominate, with a gain of 12.19 percent. Filecoin price movement in the last 24 hours: Filecoin established a higher low at $80 FIL/USD traded in a range of $79.61 – $84.91, indicating mild volatility over the last 24 hours. Trading volume has decreased by 30.76 percent and totals $1.25 billion, while the total market cap trades around $8.68 billion. FIL/USD 4-hour chart: FIL starts to rally again On the 4-hour chart, we can see the Filecoin starting to push higher today as bulls have regained momentum. FIL/USD 4-hour chart. Source: TradingView Filecoin price action traded with a huge range over the past week. After consolidating above the $70 support during the end of July, bulls started to rapidly push FIL/USD higher during the first days of September. Resistance eventually was found at $120, meaning a gain of 70 percent in a week for Fileco...
