Technical analysis by DEXWireNews about Symbol FIL: Buy recommendation (3/24/2025)

The price of Filecoin (FIL) saw a noteworthy uptick in price surging 4.80% today, breaking key resistance albeit the crypto market in a bullish trend. FIL is enroute the $4 mark. The decentralized storage system that aims to “store humanity’s most important information has been constrained in a consolidation zone for almost 2 months without a clear cut direction, sticked in the $2.70 price zone. Should Filecoin breakthrough the $3.3 pivot point and possibly the 1month high that is serving as the the resistant point ($3.5), FIL could secure a move to the $4 zone and consequently a breakout to $7-10. Filecoin Price Live DataThe live Filecoin price today is $3.12 USD with a 24-hour trading volume of $131,402,802 USD. Filecoin is up 3.50% in the last 24 hours, with a live market cap of $2,016,455,965 USD. It has a circulating supply of 645,941,959 FIL coins and the max. supply is not available.