Filecoin plunges 5% after breaking ascending trend support
Filecoin FIL$1.2543 broke through critical technical support on Monday, with the token dropping 5.1% to $1.24 as a massive volume surge signaled institutional selling pressure, according to CoinDesk Research’s technical analysis model. The broader crypto market fell sharply as well, with bitcoin registering a 3.5% decline and the CoinDesk 20 4.4%. Trading volume exploded to...
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