Technical analysis by czguinto about Symbol FIL: Buy recommendation (8/14/2025)
czguinto

It has been chaotic for the FIL coin stans, I not sure what do they call them :D. Will this be the bottom or the base before the ALT season? I don't think FIL will reach its ATH soon, maybe a decade? On the weekly timeframe, we are seeing an inverse head and shoulders pattern inside a falling wedge. If the price breaks out the upside, a huge gap could be filled and we might see the price coming back to 11 this year on conservative poin of view. Keep in mind the Fil coin has its unique utility for decentralized storage and through out the years we are seeing an influx of memory usage. Remember the time when 16mb was a huge thing ? What about having it decentralized and on a blockchain ? What do you guys think ? Is it possible to even get back at 50-70s? Cheers, cjustgold