Bitcoin’s sideways movement above $23,000 has come under pressure for a long time. altcoinThis caused rallies of relaxation to be seen.
While some altcoins exhibited similar movements to Bitcoin, some altcoins diverged positively from the market.
One of the projects that attracted attention with its performance last week Filecoin is coming. ELEPHANT experienced a 90% increase in the last three days of the week, and received the title of the highest earner of the week.
The last 7-day performance of the top 100 coins is as follows:
in the FIL With the rise, social media awareness also increased.
A venture capital firm Holon Global announced last week that it has launched an FIL fund. Although it is thought that this is not the only reason behind the rise, it is considered that this news may have been effective.
When we look technically, we see that the daily RSI has risen up to 84 levels. It may be reasonable to take some rest from the FIL, which has been rising for the last 7 days. 9.16 and $8 levels can be followed as support.
If these levels are maintained, our next main resistance area will be around $16.8-17$.
*Not Investment Advice.