Filecoin lost 2% value, cryptocurrency market is weakening.

The Decline of Filecoin Continues

Filecoin (FIL) lost 2% of its value early Wednesday morning. The general weakness observed in the cryptocurrency markets negatively affected the Filecoin price. Trading volume showed an increase of 7% above the weekly average.

The price tested the $1.35 resistance level and then consolidated in the $0.09 range. This situation creates an uncertain market environment for investors.