Filecoin has lost 2% value, the crypto market is weakening.

The Downtrend in Filecoin Continues

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

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